Take It To The Bank - ASX Top 10 Tenant In High Profile Bayside Location

Fitzroys in conjunction with Burgess Rawson are pleased to offer to the market the brand-new ANZ branch in Hampton East VIC for sale via Portfolio Auction 166 at Crown Casino on February 21 at 10:30am (AEDT).

The property has the following key investment highlights:

• Secure lease to ANZ (ASX Top 6 listed company) with the tenant paying all outgoings as per the lease including land tax (SHB).
• Immaculate fit out, incorporating the award-winning ANZ ‘Breathe’ concept.
• Customer demand led to ANZ hand selecting this particular location which services important and established catchment with personal and business banking services.
• Fixed 4% annual rent increases assuring future rental growth.
• Impressive 401sqm freehold site with 11 metres of frontage and exposure to Nepean Hwy frontage plus ROW.
• Highly sought-after Activity Centre Zone 1 site with height limit of 5 storeys (17 metres STCA) ensuring potential future upside.
• Strategic Nepean Highway location with exposure to 64,640* vehicles passing daily
• A minimal management, essential service investment.
• Located directly opposite Moorabbin train station and within an established and successful retail precinct that features Subway, Macpac, Chemist Warehouse and Anytime Fitness.
• Hampton East: Highly sought after metro bayside suburb surrounded by some of Melbourne’s most highly sought after residential addresses and located 14km* from Melbourne CBD.
• Annual Net Income: $166,400pa* + GST (June 2024)

For Sale via Burgess Rawson’s Portfolio Auction 166 Wednesday 21 February, 10:30am AEDT Crown Casino, Melbourne

For further information or an inspection, please contact Fitzroys selling agents Tom Fisher or Mark Talbot.

In conjunction with Burgess Rawson

*Approx.