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Bluechip Freehold Leased to Westpac Limited

49-53 McBride Avenue, Wonthaggi VIC

Property Highlights

Brand new 5 year lease

Westpac: ASX No.3 w/ market cap $86B+

Banking chamber over 53 years

Description

Renewed 5 year lease to February 2024 + options to 2030.
Fixed 3% rent increases.
Tenant pays all usual outgoings as per lease.
Westpac Limited: 3rd largest company on the ASX with a market cap of $86.32 billion (January 2019).
High profile 422 sqm commercial 1 zoned site with 10 metre retail frontage plus ROW and on title parking.
Immaculate and well presented 369 sqm single level building.
Central location amongst national retailers KFC, Subway, Bendigo Bank and close to Bass Coast council chambers.
Wonthaggi: Bass Coast commercial centre, home to the $5.7 billion desalination plant, trade catchment circa 20,000 plus season holiday influx.
Rent: $70,000 pa + GST (commencing 1st March 2019).

Private Sale

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
442 SQM
Gross Building Area
369 SQM

Contact Agents

Shaun Venables

+610 411 860865

Beau Coulter

0413 839 898

Raoul Holderhead

0413 860 304

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