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A Rarely Affordable Bank Investment

34 Curdie Street, COBDEN VIC, 3266

Sold

Property Sold in 34 Curdie Street, COBDEN VIC, 3266

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11306968
Status:
Sold
Price:
Price on Request
Last Updated:
16/03/2020
Icon building

Property Type

Retail/Offices/Other
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Land Area

612 SQM
Icon size

Floor Area

275 SQM
Icon parking

Parking

N/A

A Rarely Affordable Bank Investment

Renewed 3 year lease to April 2021 plus options to 2027
Leased to National Australia Bank: An uninterrupted presence in Cobden for circa 123 years
Fixed annual 3% rent increases
Tenant pays all outgoings including land tax
Well maintained building with excellent exposure on Cobden’s main commercial corner amongst IGA, Newspower, Bendigo Bank etc.
Large 612 sqm site with 72 metre triple frontage
Commercial 1 Zoning – Suits premium retail
Cobden: Rich dairy region underpinned by global giant Fonterra’s $50m+ facility servicing Victoria’s western district and the home of Western Star products
Net Rent: $22,181 pa

Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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