CBA, 39-41 High Street,
Shepparton, VIC 3630
Shops & Retail • Offices • Medical & Consulting
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
CBA, 39-41 High Street
Shepparton, VIC 3630
Map of CBA, 39-41 High Street
Renewed Lease to ASX Listed CBA - Immaculate Building Constructed 2015
- Rare fixed 4% annual rent increases
- CBA pay all outgoings incl land tax
- 51% of first years potentially tax free
Burgess Rawson and Gross Waddell ICR are pleased to offer to the market, Commonwealth Bank, Shepparton VIC for sale via Investment Portfolio Auction 156.
The property has the following investment highlights:
+ Renewed Three (3) year lease to December 2025 plus options to 2034.
+ Commonwealth Bank: ASX top 2 listed company with current $164 Billion market cap.
+ Rare fixed 4% annual rent increases assuring growth.
+ CBA pay all usual outgoings including single holding land tax as per lease.
+ As new 551sqm* purpose built two-level branch with lift constructed 2015.
+ Significant potential depreciation benefits with 51% of first years rent potentially tax free.
+ Key regional branch servicing large catchment with retail & business banking.
+ Prime 482sqm* site with important 7 on-title car spaces and side lane access.
+ High profile High Street (Midland Highway) position with 22,200* vehicles passing daily.
+ Absolute CBD location nearby NAB, $73m Shepparton Law Courts, Coles, Kmart, Target and Village Cinemas.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $227,757pa* plus GST (as at December 2022)
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
The property has the following investment highlights:
+ Renewed Three (3) year lease to December 2025 plus options to 2034.
+ Commonwealth Bank: ASX top 2 listed company with current $164 Billion market cap.
+ Rare fixed 4% annual rent increases assuring growth.
+ CBA pay all usual outgoings including single holding land tax as per lease.
+ As new 551sqm* purpose built two-level branch with lift constructed 2015.
+ Significant potential depreciation benefits with 51% of first years rent potentially tax free.
+ Key regional branch servicing large catchment with retail & business banking.
+ Prime 482sqm* site with important 7 on-title car spaces and side lane access.
+ High profile High Street (Midland Highway) position with 22,200* vehicles passing daily.
+ Absolute CBD location nearby NAB, $73m Shepparton Law Courts, Coles, Kmart, Target and Village Cinemas.
+ Potential 50% stamp duty savings.
+ Shepparton: major regional city with a 100,000 plus trade catchment.
+ Net Income: $227,757pa* plus GST (as at December 2022)
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 26th October 2022
Crown Casino, Melbourne
Property ID: 504166983Last Updated: 19 Dec 2024
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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