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1D Wolgan Street, Portland, NSW 2847

1D Wolgan Street, Portland, NSW 2847

Retail

  • Sold Contact Agent
  • Fri 07-Dec-18

Prime Retail Value Creation Opportunity

  • Former Commonwealth Bank (CBA) branch
  • Vacant possession
  • Value-add and development potential

  • Floor Area
  • 335 m²
  • Last Updated
  • Feb 08, 2019

Interested in this property? Contact an Agent today

Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street

Sydney NSW 2000

Nick Estephen
Clarence Chan

Prime Retail Value Creation Opportunity

Colliers International, on behalf of the Commonwealth Bank of Australia (CBA), is pleased to present For Sale, 1D (Lot 9) Wolgan Street, Portland, one of four properties offered as part the CBA Portfolio.

The CBA Portfolio presents the astute investor an outstanding opportunity to acquire one of four vacant freehold commercial properties in prime retail locations. Each property offers value-add opportunities and potential development upside across flexible zonings.

1D Wolgan Street, Portland highlights include:
- Offered with Vacant Possession
- Previously operated by CBA
- 3-year ATM lease to CBA for $5,000 per annum + GST from the date of settlement
- 335sqm* of site area
- 170sqm* of net lettable area
- Value creation and development upside
- Flexible B2 – Local Centre Zoning

1D Wolgan Street, Portland, as part of the CBA Portfolio, is being offered For Sale by way of Public Auction to be held at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000 on Thursday 6th December at 10:30am (AEDT).

For more information, please contact the exclusive selling agents below:

Harry Bui
0418 477 888

1D Wolgan Street, Portland, NSW 2847

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