Position Perfect on Bustling Golden Mile 5 Year Lease to ASX Banking Giant

+ Securely leased to Westpac Banking Corp (ASX: WBC) market cap $94.32 billion.
+ Renewed 5 year lease to 2025 plus options to 2031
+ Immaculate 352sqm* purpose built premises
+ Prime 1,082sqm freehold site with 33,000 vehicles passing daily
+ Fixed 3% annual rent increases ensuring growth
+ Tenant pays all usual outgoings as per lease
+ Strategically positioned at the entrance of Morayfield Shopping Centre with 6.2 million annual visitors, 40km from Brisbane CBD
+ Morayfield – Established residential suburb 40km from Brisbane CBD, part of Moreton Bay Region which is forecast to have a 50% population growth to 690,000 by 2041.
+ Net income: $175,100 pa + GST ($180,353 as at March 2022)

For Sale by Private Treaty

*Queensland Government

*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.