Bluechip Freehold Leased to Westpac Limited
49-53 McBride Avenue, Wonthaggi VIC
Brand new 5 year lease
Westpac: ASX No.3 w/ market cap $86B+
Banking chamber over 53 years
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).