Description
High-Yielding Investment with New 3-Year Lease to Westpac
Retail - Proserpine QLD
Westpac Proserpine is a rare opportunity to secure a high-yielding investment with a new 3-year lease to one of Australia’s largest banks.
INVESTMENT HIGHLIGHTS
– High-yielding 7%+ Investment
– New 3-year lease to July 2027 + 3 x 2-year options through to July 2033
– Net Income: $117,592pa + GST
– Westpac Bank: ASX listed giant, Market Cap $105 billion
– Fixed 3% increases – assuring growth
– Central 908 sqm corner with dual street frontage of 92m
– Ample on-site parking
– Versatile well-maintained 383sqm building
– Proserpine: home to Whitsunday Coast Airport, 450,000+ passengers annually, Australia’s sugar capital, gateway to the Great Barrier Reef and commercial centre of the Whitsunday Region, trade catchment circa 34,000.
For Sale by Private Teaty.
Please contact Exclusive Agent Sarah Broad on 0475 944 322.
Property Features
- Retail
- Land is 908 m²
- Floor Area is 383 m²
Commercial Features
Highlight 1
New Lease to July 2027
Highlight 2
3 x 2-Year Options to 2033
Highlight 3
ASX-Listed Westpac Bank
