SOLD

86 Percy Street, Portland, VIC 3305

Impressive Freehold Investment - 86% of Income Secured by ASX Listed CBA

CBA On-site for 23+ Years, Landlord Friendly Net Leases, 46m Dual Street Frontage
+ CBA leased to February 2022 plus options to 2026
+ Natural Soy Creations leased to June 2022 plus option to 2024
+ CBA: Top 2 ASX listed company with $104b market cap (May 2020)
+ Natural Soy Creations: Retailer with a strong local customer base
+ Absolute prime CBD activity centre location amongst complimentary national retailers including Woolworths Supermarket, Australia Post, ANZ, Bendigo Bank & Westpac
+ Tenants pay all usual outgoings as per lease agreement
+ High profile 534 sqm corner building immaculately presented in CBA’s current layout and design
+ Important 46m dual street frontage
+ Portland: One of Australia’s busiest regional ports, handling 45% of VIC’s dry bulk cargo annually
+ Net Income: $73,090 pa + GST
For Sale by Auction - 10.30am AEST Wednesday 24 June 2020
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Property Info

Municipality
Portland

AUCTION

Wednesday, 24 Jun 2020
10:30 am
  • 534 Sqm

Michael Goldby

0409 5 ...

A1 Real Estate Solutions Portland

111 Bentinck Street

Portland, VIC 3305

Tel: +61355232200

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