Prominent Freehold Bank Investment

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

613 sqm site with 428 sqm two storey building plus on-site parking
Highly exposed triple fronted freehold site in the heart of the CBD
Convenient customer parking for 50+ cars immediately at rear
Brand new air conditioning system
Westpac: ASX listed company with $90 billion market cap
Annual fixed 3.5% increases
Tenant pays all outgoings incl council and water rates, land tax (shb) and insurance as per lease
Single tenant, minimum management investment
Lithgow: vibrant city in the Central Tablelands Region, population of 156,000+
Strategic retail position surrounded by major banks, national tenants and nearby busy train station

Net Income: $131,396 (as at 1/7/19)