Secure CBA Retail Investment / Fixed 3.5% increases
127-131 Main Street , Bairnsdale VIC
Property Highlights
Description
Brand new 7 year lease to 2024 plus 5 year option to 2029 – recent relocation
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay all usual outgoings as per lease
Includes Sushi Bar with new 5 year lease to 2022 plus option to 2027
Substantial 439 sqm CBD site with 12 metre retail frontage
As new capital intensive retail fit-outs – latest CBA corporate design
Absolute prime retail location, amongst complimentary retailers including NAB, Westpac, ANZ, Woolworths and Coles supermarket
Bairnsdale: gateway to the world famous Gippsland Lakes, 42,000+ trade catchment plus huge seasonal influx
Rent: $80,000 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property Details