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Trophy Freehold Westpac Bank Investment

4-6 Smith Street , Kempsey NSW

Property Highlights

Attractive Freestanding Building
Prime CBD Corner
Net lease

Description

Investment Portfolio Auction 124 – 11am AEDT Tuesday 23 October 2018, Sydney

Secure 10 year lease to Westpac until 2022 + options to 2032
Westpac is one of Australia’s oldest and largest companies
Kempsey, established & rapidly growing centre on the NSW’s Mid North Coast
Current population 29,815 forecast to soar by over 14% to 34,148 by 2036
Prime gateway position fronting Kempsey’s main intersection
High pedestrian flow plus exposure to over 27,000 passing vehicles daily
Large 510 sqm freehold site near Australia Post & Coles Shopping Centre
Impressive two storey building featuring modern banking fit-out + Smart ATM
Net lease, Westpac pay outgoings, as per lease
Easily managed, blue chip tenant investment

Net Income: $80,027 pa + GST

Property Details

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

Price

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