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Bank Investment - Under Instructions from the Executors

66-68 Horton Street, PORT MACQUARIE NSW, 2444

Sold

Property Sold in 66-68 Horton Street, PORT MACQUARIE NSW, 2444

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000

Listing ID:
11258292
Status:
Sold
Price:
Contact Agent
Last Updated:
21/03/2018
Icon building

Property Type

Offices
Icon square

Land Area

472 SQM
Icon size

Floor Area

541 SQM
Icon parking

Parking

N/A

Bank Investment - Under Instructions from the Executors

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.

For more details, please email agent

Burgess Rawson Sydney

Level 18, 15 Castlereagh Street, Sydney, NSW 2000


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