The ANZ BANK - Echuca.
Trophy Freehold - Investment Opportunity.
ANZ Bank is a publicly listed company which has been an Australian household name since 1977, holding a distinguished position in the global banking landscape.
An Iconic Property and Highly regarded.
Investment Highlights
-Renewed 3 year Lease to October 2026 with Options to 2032 -ANZ ASX top 7 Banking giant with current market cap of $77.41 B -Gross lease terms with landlord paying all normal outgoings. -Gross Income $135,000 pa + GST -Desirable fixed 3% annual rent increases -Modern 422 sqm freestanding building -Ground Floor 286 sqm + 4 car parks First Floor 136 sqm -Land Area 460 sqm 17 m frontage to Hare St -Recently advised tenant funded upgrade.
Echuca servicing a large trade catchment of circa 60,000 people plus holiday influx
-Potential 50% stamp duty saving -Property is located within 2 KLM of The new Echuca - Moama Bridge Project a significant $324 million redevelopment completed in 2022
Contracts of Sale available. Offers Prior Invited.