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140-144 Main Street, Lithgow, NSW 2790

140-144 Main Street, Lithgow, NSW 2790

Offices Retail

  • Sold Contact Agent
  • Mon 01-Apr-19

Prominent Freehold Bank Investment

  • 10 Year Lease
  • Options to 2031
  • Westpac - Long Term Occupant

  • Land Area
  • 613.00 m² (approx)
  • Floor Area
  • 428 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 04, 2019

Interested in this property? Contact an Agent today

Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street

Sydney NSW 2000

Darren Beehag, Burgess Rawson - Sydney
Darren Beehag

Prominent Freehold Bank Investment

Auction 11am AEDT Tuesday 2 April 2019
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

613 sqm site with 428 sqm two storey building plus on-site parking
Highly exposed triple fronted freehold site in the heart of the CBD
Convenient customer parking for 50+ cars immediately at rear
Brand new air conditioning system
Westpac: ASX listed company with $90 billion market cap
Annual fixed 3.5% increases
Tenant pays all outgoings incl council and water rates, land tax (shb) and insurance as per lease
Single tenant, minimum management investment
Lithgow: vibrant city in the Central Tablelands Region, population of 156,000+
Strategic retail position surrounded by major banks, national tenants and nearby busy train station

Net Income: $131,396 (as at 1/7/19)

140-144 Main Street, Lithgow, NSW 2790

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