BOWRAL_Westpac
Description
7 year lease commenced Jan 2011 plus 2 x 5 year options to Jan 2028
Attractive 5% annual rental increases
Substantial 762sqm CBD retail holding
Westpac undertook recent major fitout upgrade
Tenant pays outgoings, as per lease
17m retail frontage + 43m pedestrian walkway frontage
Rear parking for 8 cars inc garage and secure fencing
Situated in the heart of Bowral’s upmarket retail precinct
Affluent Southern Highlands district
Attractive easily managed bank tenanted investment
Net Income: $340,827 pa + GST
Auction 2pm Tues 13 May, 50 Margaret St Sydney
Simon Staddon 0413 640 851
CO-AGENT – R & W BOWRAL
Michael Maloney 0414 482 150
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Stephen Lovison
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BOWRAL, NSW
319-323 Bong Bong Street
- Sold Price: Contact Agent