Affordable Prime Retail Investment
4/2 Ann Street, Nambour QLD
Property Highlights
New lease to Feb 2023, options to 2033
Bluechip Westpac tenant
Fixed 3% annual rent increases
Description
New 3.5 year Lease to Westpac Bank
Nambour: administrative hub of Sunshine Coast 101 km north of Brisbane CBD
Excellent exposure in Nambour’s thriving retail precinct opposite Chemist Warehouse & Nambour Plaza anchored by Woolworths
Growth location with strong residential catchment of circa 346,500 population
Generous 3% fixed annual rent increases assuring future rental growth
100% leased to Westpac with tenant paying all usual outgoings as per lease
242 sqm net lettable area + 6 car spaces
Net income: $93,871 pa + GST
For Sale by Deadline Private Treaty
Closing 4pm Thursday 26 September 2019
(Unless Sold Prior)
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Building Area
242 SQM