Affordable freehold bank investment in main street.
Renewed 5 yr. lease to Westpac Group (St George) to Nov 2020 + 5 yr. option.
Extremely well located in heart of Katoomba’s main retail precinct.
Next to Bendigo Bank and adjacent to most other major banks.
2 storey building including first floor residence, 100% leased to Westpac.
2 on-site car spaces + rear lane access to Council carpark/Target & Woolworths.
Katoomba is the main commercial centre for the Blue Mountains region.
Annual rental increases, lease requires tenant to pay outgoings.
Easily managed, single tenanted investment.
Net Income: $65,535pa + GST (est. as at Nov 2016).