Secure 5+5+5+5 year lease to 2031.
Fixed annual 3.3% rental increases.
Rare retail investment opportunity in tightly held High Street.
Prime central location surrounded by CBA, Australia Post, ANZ, Subway, Terry White Chemist, McDonalds, BWS and Woolworths Supermarket & Petrol.
Recent refurbishment and upgrade.
NAB pays all outgoings (including single holding Land Tax).
New Norfolk - capital of the Derwent Valley located approximately 32km* north west of Hobart.
Rent: $20,650 pa*
*Approx.
Interstate and local bidding by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 74.
11AM (AEDT)
27 February 2013
River Room Crown Casino
Southbank, Melbourne