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

Auction
11am AEST Tuesday 17 September 2019
Doltone House Hyde Park, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Gross Building Area
242 SQM

Contact Agents

Doug Doyle

+614 005 64623

Simon Staddon

0413 640 851

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