CBA Investment Trophy
70 Main Road , Moonah TAS
Property Highlights
Description
Renewed 5 year lease to 2021, plus 5 year option through to 2026
Fixed 3% annual rent increases – assuring rental growth
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay usual outgoings including Land Tax
Large 668 sqm site with retail frontage of 15.2 metres
Modern two level 762 sqm building with capital intensive tenant fit-out
Central ‘Golden Mile’ position amongst many national retailers including Australia Post and close to Moonah Central SC – Woolworths etc
Excellent taxation saving depreciation
Moonah: one of Tasmania’s most populous residential precincts only 5kms from Hobart CBD
Rent: $113,609 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property Details