Secure 7 Year Lease - Recent Amalgamation of 2 Branches
• Fully leased to CBA for 7 years to 2022 plus options to 2042
• Fixed 4% increases
• Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market
cap rate of $143 billion (September 2018)
• CBA pays all usual outgoings including land tax
• Recently built in 2015 offering significant depreciation benefits with ultra modern capital intensive retail fit-out
• Substantial 482 sqm CBD site with 13 metre retail frontage and on-site car parking for 7 cars
• Attractive Activity Centre Zoning under the City of Greater Shepparton Planning Scheme
• Absolute prime CBD activity centre location, among complementary retailers and diagonally
opposite the $73m law courts opened in May 2018
• Shepparton: major regional city servicing north central Victoria, catchment of 100,000+,
only 2 hours drive from Melbourne
• Rent $202,475 pa
