Outstanding ANZ Retail Investment
40 Fairy Street , Warrnambool VIC
Property Highlights
Description
New 8 year lease to 2024 plus 3 x 3 year options to 2033
ANZ: ASX top 10 company with a market cap rate of $93.4 billion (Sept 2017)
Guaranteed rental growth – Fixed 3% annual increases
ANZ pay all usual outgoings as per lease
Substantial 439 sqm building with 15 metre retail frontage
As new capital intensive retail fit-out – latest ANZ corporate design
Absolute prime retail location, amongst complimentary retailers including IGA Supermarket, Sinclair Wilson Accountants and Tradelink
Warrnambool: Premier south west coastal city with growing resident population forecast to grow to 46,000 by 2036 plus huge seasonal influx
Rent: $82,400 pa
Conjunctional Agent: Ludeman Real Estate – Mark Dwyer – 0408 529 038
Property Details