SOLD - Murwillumbah (Tweed Coast) - Westpac

• Renewed 10 year lease to 2021 plus option to March 2026
• Northern Rivers Region – Fastest Growing Region in New South Wales
• Westpac – ASX listed company with a market cap of 103.28 Billion, member of the ‘Big 4 Banks’. Westpac has 13.1 million customers and is Australia’s largest branch network with 1429 branches and 3850 ATMs
• The building has been a banking asset for 40+ years
• High profile corner location, adjacent to IGA and retail arcade, opposite Australia Post and behind Mitre 10
• Tweed Shire: Murwillumbah is located within the Tweed Shire council, population of 93,458. Murwillumbah is part of the fastest growing region in NSW being the Northern Rivers region
• Tenant pays all usual outgoings including Land Tax
• Secure, minimum management asset
• Annual Rent Increases CPI+2%
• Net Income: $95,425pa + GST (assume 3% increase April 2018)

For Sale via Expressions of Interest closing on Thursday 22nd March 2018 at 4pm AEDT.