Freehold ANZ Bank Investment – CBD Corner Location

384-386 argent street, broken hill nsw

Price: Contact Agent

  • New 4 Year Lease to ANZ
  • 4% Annual Increases
  • Strategic position in CBD

Property Details

New 4 year lease to late 2021 + options to 2033
ANZ, a top 5 ASX listed company with $78 billion market cap
Strong tenant history, ANZ in this location since 2007
Substantial 330 sqm freehold corner site in the heart of the CBD
Large 322 sqm ground floor retail area + bonus 221 sqm basement
Modern banking fit-out including ATM and business banking
Strategic position surrounded by major banks and national retailers
Broken Hill: established city with a population of over 18,000 people
Important economic hub, servicing large regional catchment
Guaranteed growth, fixed 4% annual rental increases ($157,481 in 2020)
Net lease, tenant pays outgoings, as per the lease
Significant depreciation benefits
Net Income $140,000 pa + GST

For Immediate Sale by Expressions of Interest
Indicative Price: $1,750,000

Featured Details

Current Tenant Tenanted
Gross Building Area 322 sqm
Land Size 330 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003298

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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