Sydney Northern Beaches ANZ Freehold Investment

10-12 bungan street, mona vale nsw

Price: Contact Agent

  • ANZ Bank 10 Year Net Lease + Options
  • Recent Major Tenant Upgrade
  • 3.5% Annual Increases

Property Details

Investment Portfolio Auction 11am AEDT Tuesday 23 October 2018, Sydney

Fully leased to ANZ for 10 years until 2025 + options to 2040
ANZ: a top 4 ASX listed company with $84 billion market cap
ANZ is a long term occupant of subject building
Ultra modern ground floor bank branch + business banking centre on first floor
Recent extensive building upgrade plus ANZ fitout to latest corporate standards
Highly desirable and affluent Northern Beaches location
Tightly held and vibrant retail village set to undergo major urban design and streetscape upgrades
Proposed zoning uplift allowing future development potential (STCA)
Tenant pays outgoings as per lease
Attractive 3.5% annual rent increases (Aug. 2024 rent: $320,281 pa + GST)

Net Income: $260,549 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 338 sqm
Land Size 293 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003377

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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