Under Instructions from the Executors of the Estate.
Secure 10 year lease to 2021 + options to 2031.
St George Bank: one of Australia’s leading retail & business banking brands.
Port Macquarie Hastings – strong resident population of 80,261 people.
The population is forecast to grow by over 28% to 102,926 by 2036.
Large 472 sqm site in retail heart of the main street in Port Macquarie.
Includes the main business banking centre for NSW Mid North Coast.
High quality St George Bank fit-out.
Valuable onsite parking.
Guaranteed rental growth, 3% increases ($301,135 pa + GST in 2020).
Net lease, tenant responsible for the payment of outgoings, as per the lease.
Net Income: $275,581 pa + GST.