ANZ Bank – New 5 Year Lease
52 Victoria Street, Kerang VIC
Property Highlights
Renewed 5 year lease
Tenant pays all usual outgoings
Prime CBD location 10m retail frontage
Description
Renewed 5 year lease to November 2021
ANZ: second largest ASX listed company with market cap of $80+ Billion (November 2016)
Annual CPI rent reviews
Tenant pays all usual outgoings including land tax, rates & insurance
Long established and successful store in prime retail location amongst CBA, Westpac, Aust Post etc
Prominent 505 sqm site with building area of 214 sqm with 10 metre retail frontage
Easily managed single tenanted investment
Kerang: commercial hub and capital of Gannawarra Shire on the Loddon River, 270klm north of Melbourne, trade catchment circa 10,000
Rent: $36,600 pa
Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
505 SQM
Building Area
214 SQM