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Westpac, 8 Chapman Road, Geraldton, WA 6530

Westpac, 8 Chapman Road, Geraldton, WA 6530

Retail Medical/Consulting Offices

  • Sold Contact Agent
  • Thu 30-Sep-21

Prime Westpac Bank Investment

  • Recently renewed lease to 2029
  • Tenant pays all usual outgoings
  • Fixed 3% rent increases

  • Land Area
  • 312.00 m² (approx)
  • Floor Area
  • 312 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Nov 25, 2021

Interested in this property? Contact an Agent today

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Burgess Rawson - Perth

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Prime Westpac Bank Investment

+ Recently renewed lease to December 2029 plus options
+ Westpac Banking Corp: One of Australia’s largest providers of financial services with a market cap of $94.32B (ASX:WBC).
+ Tenant pays all usual outgoings as per lease including Land Tax.
+ Guaranteed rental growth with annual fixed 3% rent increases.
+ Excellent tax saving depreciation benefits
+ Direct access via Chapman Road, a major Geraldton arterial road servicing an average of 14,000+ vehicles per day.**
+ Immaculate 312sqm premises in strategic retail/finance precinct including ANZ, CBA, NAB, and BOQ.
+ Perfect position opposite the entrance to Stirlings Central, one of Geraldton's largest shopping centres, anchored by Woolworth, Best and Less, BWS, Reject Shop and 35 specialty retailer.
+ Surrounded by important social infrastructure including 11 schools within 2km servicing a combined 4,401 full time students.**
+ Conveniently situated within close proximity to various high-profile tenants – IGA, Harvey Norman, Cotton On, Cellarbrations, Vinnies and various fast-food restaurants all within 300 metres.
+ Geraldton: Major economic, Mining, Tourism, Aquaculture & Agriculture

Westpac, 8 Chapman Road, Geraldton, WA 6530

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