HIGH EXPOSURE RETAIL ASSET - LEASED TO NATIONAL TENANT

Ray White Commercial (SC), in conjunction with Ray White Everest Group, is pleased to present to the market Bendigo Bank Leichhardt, a phenomenal opportunity to acquire a well performing premium retail asset. The property is located at Shop 1 / 47-51 Norton Street, Leichhardt NSW and is being offered for sale.

The asset is currently leased to publicly-listed banking institution, Bendigo Bank, providing the incoming astute investor an attractive net rental income. The asset boasts exceptional retail exposure, strategically positioned along the high-foot-traffic Norton Street, adjacent to Norton Plaza Shopping Mall.

Additional highlights of the asset include:
• Tenanted by Bendigo Bank to April 2029 with 2 x three (3) years option;
• Boasting Net Rental Income per annum with 3% fixed annual increases;
• Net Rental Income: $133,673.40+GST per annum;
• Tenant is 100% responsible for statutory outgoings;
• Gross Building Area: 234 sqm* on strata plan;
• Internal Floor Area: 234 sqm* on strata plan;
• Park Spaces: two (2)
• Zoning: E1-Local Centre

Shop 1 / 47-51 Norton Street, Leichhardt NSW is offered for sale.

For further information, please contact the exclusive selling agents below.

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