SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Renewed 5 Year Net Lease – Booming Tourism Destination

104B Gavan Street , Bright VIC

Property Highlights

5 year lease plus options
Tenant pays usual outgoings
Annual rent reviews

Description

+Renewed Five (5) year lease to October 2026 plus options to 2041.
+Bendigo Bank: 324 community banks across AUS, with $272m* reinvested into local communities since 1998.
+Investor preferred net lease terms with tenant paying all usual outgoings.
+Annual rent reviews.
+Important regional community bank with expansive Alpine Shire trade catchment.
+Well presented 140sqm* branch updated to Bendigo Banks’ latest corporate standard.
+High profile Great Alpine Road site, directly opposite renowned Bright Brewery and Sun Bright Cinema.
+Potential 50% stamp duty savings.**
+Bright: booming year-round family tourist destination and gateway to Victorian Alps.
+Net Income: $40,200pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino – River Room

*Approx
**Potential

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Building Area
140 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights