This strategically postioned investment property, securely leased to Westpac Banking Corporation for an extended term, expiring on 19.09.2013 with no further options available.
A truly net lease with Tenant responsible for payment of all statutory outgoings inclusive of State Land Tax (single holding).
Current rental is $114,400.00 pa (GST exclusive).
The Land has a total area of approx 710 sqm with a frontage to Sturt Road of 19.81m and frontage to Glamis Ave of 35.96m (less corner cut-off of 3.04mx3.04m).
A single level purpose built Banking Chamber (circa 1967) of solid brick construction which includes offices and associated amenities with a total Net lettable area of about 246 sqm.
There are 10 on-site car parks which can be accessed from either Sturt Road or Glamis Avenue.
Suit Investor, Developer or intending Owner occupier
For Sale - Circa $925,000.00 (GST exclusive)
Priced for immediate sale.