946 North East Road, MODBURY

Blue Chip Leased Investment

ProRealty and JLL are pleased to offer For Sale by Expressions of Interest this fully leased investment in a major commercial and retail precinct.

Leased to Westpac Banking Corporation on a 5 + 5-year lease term, commencing May 2018, the property represents the main business hub for Westpac for the North Eastern suburbs, with over 17,000 clients and in excess of 200 transactions per day.

Property features include:
- Extremely well-located within a major regional centre anchored by Tea Tree Plaza Shopping Centre, Modbury Triangle, and various government office users.
- Long standing lease to Westpac Banking Corporation – an ASX listed entity and one of the ‘big four’ banks.
- Prominent site of 1,401sqm*
- Single storey building of 563sqm*
- Ample on site car parking

Assets of this quality are seldom offered to the market. We strongly recommend your interest in this rare and outstanding investment opportunity.

Expressions of Interest close Friday, 7th August 2020 at 5pm.

*approximately

Property Type Retail

Land Size 1401 m2

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