Ideal Bank Investment
246 Boundary Road, BRAESIDE VIC
Description
New 5 year lease plus options to 2028.
Annual 4% rent increases.
Large 374 sqm building over two levels, purpose built by ANZ.
Prominent 1,505 sqm corner site with 25 metre frontage to Boundary Road and approx. 28 on-site car parks.
ANZ: 4th largest ASX company with a market cap of $88 Billion (as at 05/01/2015).
Braeside: Established precinct approx. 26kms south east of Melbourne CBD.
Single tenanted minimum management investment.
Tenant pays usual outgoings including Land Tax.
Rent: $90,000 pa (increase to $93,600 at 01/07/2015).
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 25 February.
River Room, Crown Casino, Melbourne.
Annual 4% rent increases.
Large 374 sqm building over two levels, purpose built by ANZ.
Prominent 1,505 sqm corner site with 25 metre frontage to Boundary Road and approx. 28 on-site car parks.
ANZ: 4th largest ASX company with a market cap of $88 Billion (as at 05/01/2015).
Braeside: Established precinct approx. 26kms south east of Melbourne CBD.
Single tenanted minimum management investment.
Tenant pays usual outgoings including Land Tax.
Rent: $90,000 pa (increase to $93,600 at 01/07/2015).
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 25 February.
River Room, Crown Casino, Melbourne.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
1,505 SQM
Building Area
374 SQM
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