Westpac: 5 year lease to 2020 plus options to 2025.
OfficeSmart: 4 year lease to 2019 plus options to 2025.
Annual 3% increases / Lessees pay usual outgoings.
Modern buildings totaling 451 sqm â?? recent Westpac upgrade.
Central 460 sqm site with dual retail frontage of 18+ metres, amongst ANZ, Terry White, Landmark, Supa IGA, Aldi (opened 2014) and opposite large council car park â?? 125+ spaces.
Two shops on 1 title â?? allowing future subdivision (STCA).
Leongatha: Capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km South East of metropolitan Melbourne.
Rent: $80,550 pa (Jan 2016).
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 28 October
River Room, Crown Casino Melbourne.
