CBA Investment Trophy

70 main road, moonah tas

Price on Request

  • Renewed secured lease to CBA
  • Bank Chamber Since 1964
  • Assured Rental Growth -Fixed Increases

Property Details

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

Featured Details

Current Tenant Tenanted
Gross Building Area 762 sqm
Land Size 668 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC001431

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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