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21 Brook Street
Sunbury VIC 3429
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21 Brook Street Sunbury VIC 3429

  • Shop & Retail
  • 396 m²
  • For Sale, Contract Agent

BETTER THAN CASH, BUY THE BANK!

    Gross Waddell ICR is pleased to present an outstanding investment opportunity with future value add (STCA).

    Leased to National Australia Bank (NAB), the property was purpose built for them over 30 years ago. They are clearly committed to the location having signed a new 4 year lease with further options.

    Property Highlights:

    Building Area: 396 sqm*
    Land Area: 680 sqm*
    Significant 16m* frontage to Brook Street
    Tenant: National Australia Bank
    Lease Term: 4 + 2 + 2 years
    Current Rental: $120,000* p.a. net + GST
    Fixed 3.5% annual increases
    Tenant pays all outgoings including Land Tax on a single holding basis
    Significant potential future value add (STCA)
    Tenant has been in occupation for 30+ years

    *approx.

    For further details, please contact Gross Waddell ICR exclusive agents directly.

    Property Highlights

    Floor Area396 m²
    Land Area680 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018397794
    Category
    Last updated  27 May 2024
    Map for 21 Brook Street Sunbury VIC 3429

    Property Highlights

    Floor Area396 m²
    Land Area680 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018397794
    Category
    Last updated  27 May 2024

    Co-Agents

    Raoul Salter
    Raoul Salter
    Gross Waddell ICR Pty Ltd
    Call
    0418 335 432
    Alex Ham
    Alex Ham
    Gross Waddell ICR Pty Ltd
    Call
    0410 545 226

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