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Sensational Freehold Bank Investment

147 Victoria Street, TAREE NSW, 2430

Sold

Property Sold in 147 Victoria Street, TAREE NSW, 2430

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11258289
Status:
Sold
Price:
Contact Agent
Last Updated:
21/03/2018
Icon building

Property Type

Offices
Icon square

Land Area

1 SQM
Icon size

Floor Area

1 SQM
Icon parking

Parking

N/A

Sensational Freehold Bank Investment

Strategic Position in Busy Main Retail Street.
Secure 5 year lease to October 2019 + options to 2029.
St George Bank: one of Australia’s leading retail & business banking brands.
Greater Taree City: strong resident population of 50,242.
Population forecast to grow by over 40% to 70,708 by 2036.
Large freehold site in retail heart of the main street of Taree.
Quality two storey building with business banking on the first floor.
Valuable onsite parking + convenient large council carpark at the rear.
Modern St George retail banking fit-out.
Guaranteed rental growth, fixed 3% increases ($109,782 pa + GST in 2018).
Net lease, tenant responsible for the payment of outgoings, as per the lease.
Net Income: $106,584 pa + GST (October 2017).

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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