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Westpac Bank, 36 Cole Street Sorell, TAS 7172

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Westpac Bank, 36 Cole Street,
Sorell, TAS 7172

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Map of Westpac Bank, 36 Cole Street

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Retail Investment with Development Upside

  • Renewed 5 year lease to Westpac
  • Tenant pays all outgoings
  • Strategic corner location
Renewed 5 year lease to Westpac plus option through to 2024.
Westpac Limited, 3rd largest ASX company with market cap of $106 Billion (as at 27/05/2014).
Tenant pays usual outgoings including Land Tax and insurance.
Strategic 362 sqm site with 25 metre combined retail frontage and development upside (STCA).
Immaculate 191 sqm 'sand stone' building, recently upgraded.
Central to Woolworths, McDonalds and Chemist Warehouse etc.
Sorell: growth satellite suburb, 24kms to Hobart CBD and 10 mins from Airport.
Rent: $59,284 pa


Auction 1:30pm Wednesday 25 June.
Temporary Relocation: Crown Conference Centre.
25 Whiteman St, Southbank, Opposite Crown Towers.

Property ID: 501166051Last Updated: 15 Aug 2016

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Westpac Bank, 36 Cole Street
Sorell, TAS 7172

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