OVERVIEW
+ 5 year "triple net" lease to Westpac (market cap: $90bn*), who refitted the building in 2018, with NO further options remaining after 2022
+ Net annual income of $264,992* (from 21st June 2019) + GST with ALL outgoings (including land tax on a single holding basis) paid by the tenant
+ Dual fronted prime landholding with rear access to council car park
LOCATION
+ Centrally located in one of Australia's best retail strips (less than 1% vacancy rate*), adjoining national retailers including Vintage Cellars and Woolworths and just 100 metres* to Middle Brighton Train Station
+ Situated in the prestigious bayside suburb of Brighton, servicing a highly affluent customer demographic together with strong tourism
"Your opportunity to invest in a publicly listed tenant whilst having the added flexibility to occupy or develop for retail/office/residential (STCA) from 2022"
For further information contact:
CBRE
Jing Jun Heng
+61 411 059 116
Sandro Peluso
+61 418 389 757
Iles
Matthew Iles
+61 412 081 502
Richard Seeley
+61 412 546 346
*approx