Westpac, 43 Walker Street,
Casino, NSW 2470
Shops & Retail • Offices
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
Westpac, 43 Walker Street
Casino, NSW 2470
Map of Westpac, 43 Walker Street
Rare Westpac Investment in Prime CBD Location
- Renewed 3 Year Lease to 2027
- Landlord Friendly Net Lease
- 1,144sqm* Corner Freehold
Burgess Rawson is pleased to offer to the market this superbly positioned ASX listed Westpac at 43 Walker Street, Casino NSW for sale via our Investment Portfolio Auction 173.
The opportunity has the following key investment highlights:
+ Recently renewed 3 year lease to Westpac to 2027 plus options to 2033
+ Westpac: top 5 ASX listed banking giant (ASX:WBC) serving 13 million customers, with a market capitalisation of $110.36b^
+ Large 1,144sqm* corner landholding with combined dual street frontage of some 68.7m*
+ Improved with attractive two level building with valuable on site car parking at the rear
+ Casino: forms an integral part of the Northern Rivers Region of NSW, home to 315,775 people and producing an economic output of $42.05b*^^
+ Strategic position on the corner of Walker and Barker Streets in close proximity to national brands including Coles & Woolworths
+ Compounding fixed 3% annual rental increases, ensuring income growth
+ Landlord friendly net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $70,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^ASX: As of 13/11/2024
^^Remplan
The opportunity has the following key investment highlights:
+ Recently renewed 3 year lease to Westpac to 2027 plus options to 2033
+ Westpac: top 5 ASX listed banking giant (ASX:WBC) serving 13 million customers, with a market capitalisation of $110.36b^
+ Large 1,144sqm* corner landholding with combined dual street frontage of some 68.7m*
+ Improved with attractive two level building with valuable on site car parking at the rear
+ Casino: forms an integral part of the Northern Rivers Region of NSW, home to 315,775 people and producing an economic output of $42.05b*^^
+ Strategic position on the corner of Walker and Barker Streets in close proximity to national brands including Coles & Woolworths
+ Compounding fixed 3% annual rental increases, ensuring income growth
+ Landlord friendly net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $70,000 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
^ASX: As of 13/11/2024
^^Remplan
Property ID: 504736352Last Updated: 19 Dec 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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