Renewed 3 Year Lease to NAB - Secure Entry Level Investment

Description

+ Renewed 3-year lease to February 2023 plus options to February 2029.
+ NAB: Top 5 ASX listed company with $61.49 billion market cap.
+ All usual outgoings paid by NAB excluding council rates.
+ Annual CPI rent reviews.
+ Branch incorporates retail, agribusiness & business banking.
+ 654 sqm site with well-maintained 200 sqm building.
+ Secure entry level investment opportunity.
+ Important regional branch servicing large area – 2hrs drive to nearest NAB.
+ Key retail location nearby CBA, IGA, Australia Post, Foodworks & Caltex.
+ St George: Established business and service centre for the Balonne Shire with significant $350m agriculture industry.
+ Net: Rent: $40,907 pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December

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Contact agents
Beau Coulter Partner
0413 839 898
Craig Chapman Sales Executive
0427 110 132
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St George, QLD

7 Henry Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 141

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