Bank Premises, 179-181 Hare Street, Echuca, Vic 3564

parkingSpaces 4
|Offices
|Other
$2,500,000
$2,500,000
Published on: 17 Sep 2024
Last updated on: 30 Oct 2024
Bank Premises, 179-181 Hare Street, Echuca, Vic 3564
Bank Premises, 179-181 Hare Street, Echuca, Vic 3564
Bank Premises, 179-181 Hare Street, Echuca, Vic 3564
+15
Bank Premises, 179-181 Hare Street, Echuca, Vic 3564
  • 15
  • 2
Property ID: 504690288
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Key property information

Land Size
460.00 m2
Zoning
Commercial 1
Floor Area
422.00 m2
Parking Spaces
4
Tenure Type
vacant

The ANZ BANK - Echuca. Trophy Freehold - Investment Opportunity.

Bank Premises, 179-181 Hare Street, Echuca, Vic 3564
ANZ Bank is a publicly listed company which has been an Australian household name since 1977, holding a distinguished position in the global banking landscape. 

An Iconic Property and Highly regarded.  

Investment Highlights

-Renewed 3 year Lease to October 2026 with Options to 2032
-ANZ ASX top 7 Banking giant with current market cap of $77.41 B 
-Gross lease terms with landlord paying all normal outgoings.
-Gross Income $135,000 pa + GST
-Desirable fixed 3% annual rent increases
-Modern 422 sqm freestanding building 
-Ground Floor  286 sqm + 4 car parks  First Floor 136 sqm  
-Land Area 460 sqm 17 m frontage to Hare St
-Recently advised tenant funded upgrade.

Echuca servicing a large trade catchment of circa 60,000 people plus holiday influx

-Potential 50% stamp duty saving
-Property is located within 2 KLM of The new Echuca – Moama Bridge Project  a significant $324 million redevelopment completed in 2022


Contracts of Sale available.
Offers Prior Invited.

Property Details

Basic Info

Property Type
OfficesOther
Listing Status
On Market
Parking Spaces
4
Land Size
460.00 m2
Address
Bank Premises, 179-181 Hare Street, Echuca, Vic 3564

Floorplans and tours

Floorplan
172 Hare Street, Echuca, Vic 3564
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172 Hare Street, Echuca, Vic 3564
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