SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Anchored by ANZ Bank – Versatile CBD Freehold

8 Commercial Street West , Mount Gambier SA

Property Highlights

Secure 6 & 3 Year Net Leases
ASX Giant, circa $79.56b Market Cap
Central Amongst National Traders
Register to Bid

Description

+ Secure 6 & 3 year Net leases with options
+ Anchored by ANZ, ASX listed giant with circa $82 billion market cap
+ Recent refurbishment by ANZ in 2015
+ Fixed 3% increases – assuring rental growth
+ Net leases, with tenants paying usual outgoings as per leases
+ Fully occupied 779sqm* building over two levels
+ Includes Government backed Southern Community Justice Centre, plus vacant space with vendor guarantee
+ 986sqm* CBD retail site with 20+ metre frontage
+ Important onsite parking
+ Potential strata subdivision (STCA)
+ Mount Gambier: South Australia’s second largest urban city, population of 27,000
+ Net Income: $161,365 pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10th August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Contact Selling Agents
Burgess Rawson
Raoul Holderhead
0413 860 304
RLA 293472

Herbert Commercial
David Herbert
0408 849 080
RLA 226179

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Bank
Land Size
986 SQM
Building Area
779 SQM

Contact Agent

Contact Me

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