ASX Listed Tenant, Iconic Building, Prime CBD location
National Australia Bank Ltd (ASX: NAB)
Net income: $88,532* pa + GST
Long standing tenant: 34+ years
Leased to one of Austalia’s ‘Big 4 Bank’ within the heart of Muswellbrook, Cushman & Wakefield are pleased to bring to the market 46-50 Bridge Street. Occupied for more than 34 years by the same tenant, this recently refurbished building offers an outstanding opportunity to secure a strategically positioned asset within the Muswellbrook CBD.
The property has the following key characteristics:
- Renewed 3 year lease to 2021 plus options to 2027
- Leased to National Australia Bank (NAB) – ASX listed company with market capitalisation of $76.4 Billion, member of the ‘Big 4 Banks’. NAB has over 35,000 employees, serving 9,000,000 customers at more than 900 locations in Australia, New Zealand and around the world.
- Long standing tenant with occupation of 34+ years
- Newly installed ATM and recent refurbishments
- Iconic CBD location on Muswellbrook’s main retail/ commercial strip.
- Muswellbrook – strong regional town within the Hunter Valley, supported by mining, tourism and agriculture.
