Trophy Bank Investment 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.
MIXED USE ZONE FREEHOLD * 6.79Ha (16.7Ac) Mixed Use Zone Freehold
* Outstanding exposure on main road
* 840m2 building with concrete floor
* 3 phase power
* Office & staff amenities
* Triple interceptor
* Situated in a developing area
* Potential for further development (S.T.C.A.)
* Vacant possession
* Plus GST
Trophy Bank Investment Secure 5 5 year lease.
Huge 909m2 site with 10 onsite car spaces.
15m frontage to Wangaratta’s thriving retail strip.
Recently refurbished to Westpac’s latest design and fit out.
Annual 3% rent increases/ Tenant pays land tax.
Interstate bidding is available by prior arrangements.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 59.
11.00am AEDT Wednesday.
30 March 2011.
River Room, Crown Casino Melbourne.
For information on other investment opportunities in the campaign, please see:
OAMPS in Occupation for 30+ Years Renewed 3 year lease plus options to 2020. Annual CPI reviews with a minimum of 4%. Modern 360 sqm two level building. 279 sqm site with rear access and 4 on-site car spaces. Prime CBD location amongst national retailers and banks. Tenant pays all usual outgoings including Land Tax. OAMPS: A wholly owned subsidiary of Arthur J Gallagher & Co one of the largest insurance broking companies in the world and listed on the New York Stock Exchange. Wangaratta: 230kms northeast of Melbourne with a total trade population of 95,645 (Source 2006 and 2011 Census and Wangaratta Retail Audit). Rent: $76,0...