Share this property

realcommercial.com.au

Commonwealth Bank, 70 Main Road Moonah, TAS 7009

Directions

Commonwealth Bank, 70 Main Road,
Moonah, TAS 7009

Shops & Retail • Showrooms & Large Format Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of Commonwealth Bank, 70 Main Road

Directions

CBA Investment Trophy

  • Renewed secured lease to CBA
  • Bank Chamber Since 1964
  • Assured Rental Growth -Fixed Increases
Renewed 5 year lease to 2021, plus 5 year option through to 2026
Fixed 3% annual rent increases - assuring rental growth
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay usual outgoings including Land Tax
Large 668 sqm site with retail frontage of 15.2 metres
Modern two level 762 sqm building with capital intensive tenant fit-out
Central ‘Golden Mile’ position amongst many national retailers including Australia Post and close to Moonah Central SC – Woolworths etc
Excellent taxation saving depreciation
Moonah: one of Tasmania’s most populous residential precincts only 5kms from Hobart CBD
Rent: $113,609 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

Property ID: 502469810Last Updated: 25 May 2020

realcommercial.com.au logo
Commonwealth Bank, 70 Main Road
Moonah, TAS 7009
Elders Real Estate - Hobart
5 Victoria Street
HOBART, TAS 7000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.