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104B Gavan Street, BRIGHT, VIC, 3741

2. Property Highlights

Renewed 5 Year Net Lease – Booming Tourism Destination
  • 5 year lease plus options
  • Tenant pays usual outgoings
  • Annual rent reviews

+Renewed Five (5) year lease to October 2026 plus options to 2041.

+Bendigo Bank: 324 community banks across AUS, with $272m* reinvested into local communities since 1998.

+Investor preferred net lease terms with tenant paying all usual outgoings.

+Annual rent reviews.

+Important regional community bank with expansive Alpine Shire trade catchment.

+Well presented 140sqm* branch updated to Bendigo Banks’ latest corporate standard.

+High profile Great Alpine Road site, directly opposite renowned Bright Brewery and Sun Bright Cinema.

+Potential 50% stamp duty savings.**

+Bright: booming year-round family tourist destination and gateway to Victorian Alps.

+Net Income: $40,200pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEDT) Wednesday 11 May 2022

Crown Casino - River Room

*Approx

**Potential

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

104B Gavan Street, BRIGHT, VIC, 3741

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4. Due Diligence

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