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Sold on 2 Nov 2017

40 Fairy Street Warrnambool VIC 3280

  • Retail
  • 439 m²
  • Sold

Outstanding ANZ Retail Investment

New 8 year lease to 2024 plus 3 x 3 year options to 2033
ANZ: ASX top 10 company with a market cap rate of $93.4 billion (Sept 2017)
Guaranteed rental growth – Fixed 3% annual increases
ANZ pay all usual outgoings as per lease
Substantial 439 sqm building with 15 metre retail frontage
As new capital intensive retail fit-out – latest ANZ corporate design
Absolute prime retail location, amongst complimentary retailers including IGA Supermarket, Sinclair Wilson Accountants and Tradelink
Warrnambool: Premier south west coastal city with growing resident population forecast to grow to 46,000 by 2036 plus huge seasonal influx
Rent: $82,400 pa

Auction 11am AEDT Wednesday 1 November 2017
River Room, Crown Casino, Melbourne

Conjunctional Agent: Ludeman Real Estate - Mark Dwyer - 0408 529 038

Property Highlights

Property ID2013898915
Date Sold2 Nov 2017
Floor Area439 m²
Land AreaAsk Agent
ParkingAsk Agent
Category
Last updated  3 Nov 2017
Map for 40 Fairy Street Warrnambool VIC 3280
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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