Renewed 5 year lease to 2018 plus options to 2028.
Leased to National Australia Bank: An uninterrupted presence in Cobden for circa 120 years.
Fixed annual 3% increases / Tenant pays outgoings (ex. Insurance).
Well maintained building with excellent exposure on Cobden's main commercial corner.
Large 612 sqm site with 72 metre triple frontage.
Commercial 1 Zoning - Premium Zoning.
Cobden: Rich dairy region underpinned by global giant Fonterra's $50m+ facility servicing Victoria's south east.
Net Rent: $19,872 pa.*