Renewed 5 Year Net Lease – Booming Tourism Destination

Description

+Renewed Five (5) year lease to October 2026 plus options to 2041.
+Bendigo Bank: 324 community banks across AUS, with $272m* reinvested into local communities since 1998.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual rent reviews.
+Important regional community bank with expansive Alpine Shire trade catchment.
+Well presented 140sqm* branch updated to Bendigo Banks’ latest corporate standard.
+High profile Great Alpine Road site, directly opposite renowned Bright Brewery and Sun Bright Cinema.
+Potential 50% stamp duty savings.**
+Bright: booming year-round family tourist destination and gateway to Victorian Alps.
+Net Income: $40,200pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino – River Room

*Approx
**Potential

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Contact agents
Beau Coulter Partner
0413 839 898
Shaun Venables Partner
0411 860 865
Enquiry Form

Bright, VIC

104B Gavan Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 152

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