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Secure 10 Year Lease to ASX Listed ANZ

128 Liebig Street , Warrnambool VIC

Property Highlights

Fixed 3% annual rent increases
Brand new fit-out in 2014
Tenant pays all usual outgoings

Description

Tightly held retail location.
10 year lease to 2024 plus options to 2039.
Tenant pays all usual outgoings including land tax.
Fixed 3% annual rent increases.
High profile 375 sqm building with premium Commercial 1 Zoning.
ANZ: A top 4 ASX listed company with $84 billion market cap.
As new capital intensive tenant fit-out – ANZ’s relocation in 2014.
Premier CBD position amongst national retailers Cotton On, Coles, Bank of Melbourne, NAB, CBA, Target, McDonald’s.
Within The Great Ocean Road region attracting 5.1 million visitors who spent an estimated $1.2 billion in the year ending 2017.
Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) servicing a trade catchment of 100,000+ residents & growing.
Liebig Street, Warrnambool main retail strip recently upgraded.
Rent: $104,334 pa + GST (as at March 2019).

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
375 SQM
Building Area
375 SQM

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