Brand New ANZ Branch Complete With Huge $1.2 million Tenant Paid Fit-Out in Trophy Bayside Location

Burgess Rawson in conjunction with Colliers International are pleased to offer to the market the brand-new ANZ branch in Hampton East VIC for sale via On Site Auction, 12:30pm AEST, Friday 8 September 2023.

The property has the following key investment highlights:

+ANZ: ASX top 6 listed company with current $76 Billion market cap.
+Brand new 4 year and 3 month lease plus options to 2033.
+Newly opened 2023 branch, with $1.2 million tenant fit out in the award-winning ANZ ‘Breathe’ concept.
+Hand selected location servicing an important and established catchment with personal and business banking services.
+Fixed 4% annual rent increases assuring growth.
+Attractive ‘net lease terms’ with the tenant paying all outgoings as per the lease including land tax.
+Ultra high exposure 401sqm* freehold site with 11 metre* frontage and exposure to Nepean Hwy frontage plus rear access.
+Highly sought-after Activity Centre Zone 1 site with height limit of 5 storeys (17 metres STCA) ensuring potential future upside.
+A minimal management, essential service investment.
+Located directly opposite Moorabbin train station and within an established and successful retail precinct that features Subway, Macpac, Chemist Warehouse and Anytime Fitness.
+Hampton East: highly sought after metro bayside suburb surrounded by some of Melbourne’s most highly sought after residential addresses and located 14km* from Melbourne CBD.
+Annual Net Income: $160,000pa* + GST

For Sale via On Site Auction
12:30pm AEST
Friday 8th September 2023

For further information, please contact the exclusive selling agents below:

Burgess Rawson
Matthew Wright 0458 290 588
Beau Coulter 0413 839 898
Zomart He 0488 220 830

Colliers International
Tim Mcintosh 0488 320 063
Yvonne Zhou 0415 100 831
Matt Stagg 0409 411 300