Impressive Freehold Investment – 85% of Income Secured by ASX Listed CBA
86 Percy Street (corner Henty Street) , Portland VIC
Property Highlights
Description
+ CBA leased to February 2022 plus options to 2026
+ Natural Soy Creations leased to June 2022 plus option to 2024
+ CBA: Top 2 ASX listed company with $104b market cap (May 2020)
+ Natural Soy Creations: Retailer with a strong local customer base
+ Absolute prime CBD activity centre location amongst complimentary national retailers including Woolworths Supermarket, Australia Post, ANZ, Bendigo Bank & Westpac
+ Tenants pay all usual outgoings as per lease agreement
+ High profile 534 sqm corner building immaculately presented in CBA’s current layout and design
+ Important 46m dual street frontage
+ Portland: One of Australia’s busiest regional ports, handling 45% of VIC’s dry bulk cargo annually
+ Net Income: $73,005 pa + GST
For Sale by Auction
10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne
To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.
Property Details