44 Victoria Street Kerang VIC 3579

Shop & Retail
275 m²
Sold

Renewed Lease to Banking Giant - Recent NAB Funded Fit out Upgrades

+ Renewed lease to July 2024 plus option to 2027.
+ NAB: ASX listed banking giant with current $90.94 billion market cap.
+ Investor preferred net lease terms with NAB paying all usual outgoings including Land Tax as per lease.
+ Annual fixed rent increases assuring growth.
+ Immaculate 268sqm** regional branch with recent significant NAB funded upgrade works (2021).
+ Secure entry level investment.
+ Prime 815sqm freehold title with rear access and low 32% site coverage.
+ High profile main street position amongst Australia Post, NAB, CBA, Woolworths and IGA.
+ Potential 50% stamp duty savings.
+ Kerang: Commercial centre and capital of the Gannawarra Shire & Loddon River irrigation district.
+ Net Income: $38,783pa + GST.

**nearmap

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
River Room, Crown Casino Melbourne

AUCTION

Auction date and time	23/02/2022 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	24 Feb 2022
Floor Area	275 m²
Land Area	815 m²
Parking	Ask Agent
Property ID	2017550451
Category	Shop & Retail Medical / Consulting Offices
Last updated	25 Feb 2022

Map for 44 Victoria Street Kerang VIC 3579

Nearest transport* to 44 Victoria Street Kerang VIC 3579

Bus

Train

Kerang Station/Boundary St (Kerang)	404 m
Kerang Station/Boundary St (Kerang)	404 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	24 Feb 2022
Floor Area	275 m²
Land Area	815 m²
Parking	Ask Agent
Property ID	2017550451
Category	Shop & Retail Medical / Consulting Offices
Last updated	25 Feb 2022

Co-Agents

Beau Coulter

Burgess Rawson VIC Pty Ltd

Call

0413 839 898

Justin Kramersh

Burgess Rawson VIC Pty Ltd

Call

0460 349 605

More about 44 Victoria Street Kerang VIC 3579

44 Victoria Street Kerang VIC 3579 is categorized as Shop & Retail Property. It has a floor area of 275 m² and a land area of 815 m². The listing ID for this property is 2017550451.