This outstanding commercial premises nestled in the vibrant Maffra CBD precinct represents an amazing investment for the astute investor.Not only are you securing one of Australia’s most prized commercial tenants who has occupied the building already for a long period of time, you are also purchasing a substantial piece of real estate that stacks up wonderfully on just bricks, mortar and land content alone.The impressive building offers in the region of some 406sqm(approx) over two levels with the downstairs totally dedicated to the day to day workings of the NAB, while upstairs is currently utilized as additional storage area, but in its hey day would have been the branch managers residence with four large bedrooms and substantial living area. The building also sits on a large parcel of prime C1 zoned land of some 1337sqm approx (.3 acre) with two road frontages which could allow for further development and subdivision (STSA) if desired.
LEASE DETAILS
ANNUAL RENTAL: $33,517.56 plus GST &Outgoings
TERM: 10/11/2013—09/11/2018
OPTIONS: 2 X 5 YEARS
ANNUAL INCREASE OF 2.5%
MARKET REVIEW AT END OF EACH TERM