Cushman & Wakefield National Investment Sales are pleased to present Westpac Cloncurry to the market for sale via Expressions of Interest closing at 4pm AEST on Wednesday the 31st of July 2024.
The home of the Westpac Bank in Cloncurry for over 40 years and offering a brand-new lease, this opportunity presents the astute investor with the chance to deploy capital into a core regional location that will continue to benefit from exceptional demographic, population, and sustainability growth indicators and to secure an annual income derived from one of Australia's largest and most recognised financial institutions.
32 Ramsay Street offers the following key attributes:
Home of Westpac Bank for over 40 years
Brand New Lease to 2026 + options until 2032
Site Area: 1442m2
Net Lettable Area: 316m2
Annual Increases: 3% Fixed
100% of outgoings payable by the tenant
Zoning: Town Centre
Net Annual Income: $47,380pa*
If you would like further information, would like to arrange an inspection or access to the due diligence material, please contact the exclusive selling agents.
*Approximate