Renewed 3 year lease to June 2018 plus options to 2024.
Westpac Limited: 3rd largest ASX listed company with a market cap of $101 billion (September 2015).
Fixed annual 3.5% increases.
Lessee pays all usual outgoings including Land Tax.
High profile, well maintained 460 sqm building over two levels.
Strategic 909 sqm Commercial 1 Zone site with 15m frontage to high traffic Murphy Street.
Single tenanted minimum management investment.
Wangaratta: 230km north-east of Melbourne with a total trade population of 95,645.
Rent: $104,800 pa.