Renewed Lease to Banking Giant – Recent NAB Funded Fit out Upgrades
44 Victoria Street , Kerang VIC
Property Highlights
Description
+ Renewed lease to July 2024 plus option to 2027.
+ NAB: ASX listed banking giant with current $90.94 billion market cap.
+ Investor preferred net lease terms with NAB paying all usual outgoings including Land Tax as per lease.
+ Annual fixed rent increases assuring growth.
+ Immaculate 268sqm** regional branch with recent significant NAB funded upgrade works (2021).
+ Secure entry level investment.
+ Prime 815sqm freehold title with rear access and low 32% site coverage.
+ High profile main street position amongst Australia Post, NAB, CBA, Woolworths and IGA.
+ Potential 50% stamp duty savings.
+ Kerang: Commercial centre and capital of the Gannawarra Shire & Loddon River irrigation district.
+ Net Income: $38,783pa + GST.
**nearmap
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 23 February 2022
River Room, Crown Casino Melbourne
Property Details