49-53 McBride Avenue,
Wonthaggi, VIC 3995

Shops & Retail • Offices

Key property information

Land area

Floor area

Tenure type

Sold on

Map of 49-53 McBride Avenue

Directions

7 Year Lease to Westpac

Bank chamber circa 50 years
Premier Regional Centre
Prime 420 sqm site - 10 metre frontage

Secure 7 year lease plus options through to 2029.
Fixed 3% increases and to market at options.
Lessee pays all usual outgoings as per the lease.
Westpac Limited: 2nd largest ASX listed company with a market cap of $99.65 billion (November 2015).
High profile 420 sqm commercial site with 10+ metre retail frontage plus ROW and car parking.
Immaculate 369 sqm approx single level building, upgraded in 2011.
Wonthaggi: Bass Coast commercial centre, home to $5.7B desalination plant, trade catchment circa 20,000 plus seasonal holiday influx.
Conveniently located 82 km south east from metro Melbourne.
Rent: $79,004 pa (Feb 2016).

Auction 11am AEDT Wednesday 9 December
River Room, Crown Casino Melbourne.

Wonthaggi, 3995 demographic data

The median household income for Wonthaggi is $852, 39% lower than Regional Victoria's household income of $1,386. Wonthaggi has an older age profile compared to the rest of Regional Victoria (median age 55 vs 43). Property ownership data shows 31% of property owners in Wonthaggi have a mortgage.

5,215

Population

$852 per week

Median household income

55 years

Median age

Owners

Most residents

Families

Most households