SOLD
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SOLD

Blue Chip NAB Bank Investment

23 McCartin Street, Leongatha VIC

Property Highlights

Renewed lease to ASX Giant
Banking chamber since 1950
Central 461sqm site in activity centre

Description

Brand new 3 year lease plus options through to 2027.
National Australia Bank Ltd: ASX Listed giant, Market Cap of $79.4 billion.
Central 461sqm site with dual retail exposure of 21 metres plus important frontage to Council car park (125 spaces).
Versatile 450sqm building refurbished for Nab Agribusiness South Gippsland head office in 2013 (nearest branch Warragul).
Lessee pays usual outgoings as per lease.
Annual rent reviews.
Leongatha: capital of South Gippsland, rich dairy region, $65 million+ recent commercial developments, trade catchment circa 15,000, 75km South East of metropolitan Melbourne.
Rent: $98,140 pa.

Auction 12 noon AEDT Wednesday 28 February 2018
River Room, Crown Casino, Melbourne

Property Details

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

Contact Agent

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