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Bank Premises, 179-181 Hare Street, Echuca, VIC, 3564

Properties / Buy / Victoria / Echuca

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Offers Prior Invited

Land Area

460 m² (*approx)

Floor Area

422 m² (*approx)

Property Type

Offices, Other

Sub-type

Office Suites

Terms

Renewed 3 year Lease to October 2026 with Options to 2032

Est. Income

$135,000 p/a

Fully Leased

ANZ

Car Spaces

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2. Property Highlights

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

Auction at Mecure Port of Echuca 465 High St Echuca 3564

Saturday 19th October 2024 at 12:30 PM

Bidding In rooms or Telephone bidding available.

Terms 10% Deposit Balance 90 Days

Contracts of Sale available.

Offers Prior Invited.

Remember to mention you found this property on CommercialReady

Property Type

Offices, Other

Sub-type

Office Suites

Est. Income

$135,000 p/a

Tenant

ANZ

Terms

Renewed 3 year Lease to October 2026 with Options to 2032

Land Area

460 m² (*approx)

Floor Area

422 m² (*approx)

Car Spaces

Selling Method

Auction

Auction Date

19 Oct 2024 12:30PM

Add to calendar

Selling Details

Offers Prior Invited

2. Property Highlights

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

Auction at Mecure Port of Echuca 465 High St Echuca 3564

Saturday 19th October 2024 at 12:30 PM

Bidding In rooms or Telephone bidding available.

Terms 10% Deposit Balance 90 Days

Contracts of Sale available.

Offers Prior Invited.

Remember to mention you found this property on CommercialReady

Bank Premises, 179-181 Hare Street, Echuca, VIC, 3564 Echuca

Enquire

Charles L. King & Co. First National - Echuca

172 Hare Street, Echuca, Vic, 3564

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Gary Wood

+61 *** *** *** show +61 408 505 733

Tom Watson

+61 *** *** *** show +61 427 804 442

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

Bank Premises, 179-181 Hare Street, Echuca, VIC, 3564