Renewed Lease to ASX Listed Westpac – Secure Entry Level Investment
91 Perrin Street, Robinvale VIC
Property Highlights
Description
Renewed two (2) year lease from September 2020 plus option to September 2024.
Westpac Banking Corporation: ASX listed top 4 company with $60.03 billion market cap (August 2020) – 2nd largest financial institution in Australia.
Long term tenant with Westpac on-site 26+ years.
Highly sought-after essential service investment.
Investor preferred net lease agreement with Westpac paying all usual outgoings including Land Tax.
High profile 428sqm corner site with 49 metre dual street frontage and 2 car parks on-title.
Important regional branch servicing the three major local industries including agriculture, manufacturing and construction.
Prime retail position on Robinvale’s main commercial strip nearby Commonwealth Bank, ANZ, Australia Post and Ritchies IGA.
Robinvale: In the heart of Victoria’s ‘Food Bowl’ with $394 million annual agricultural economic output.
Rent: $23,165 pa + GST (as at 17 September 2020).
For Sale by Investment Portfolio Auction
11:00am (AEST) Wednesday 23 September
Property Details