NAB Bank, 75 Firebrace Street,
Horsham, VIC 3400
Shops & Retail • Offices
Key property information
Land area
Floor area
Property extent
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
NAB Bank, 75 Firebrace Street
Horsham, VIC 3400
Map of NAB Bank, 75 Firebrace Street
Renewed 5 Year Lease to 2028 | Tenant In Operation Since 1988
- Top 5 ASX listed tenant
- Net lease including land tax
- Potential 50% stamp duty savings
Burgess Rawson & Harcourts Horsham are pleased to offer to the market the NAB at 75 Firebrace Street Horsham VIC for sale via Investment Auction Portfolio 167.
The property has the following investment highlights:
+ Renewed Five (5) year lease to 2028 plus one (1) further Five (5) year option to 2033.
+ National Australia Bank: Top 10 ASX listed financial institution with over 8.5 million customers and 32,000 employees** and $105.3 billion market cap.***
+ Huge 607 sqm* freehold corner site, with significant 50 metre* frontage and exposure to Firebrace Street & Pynsent Streets.
+ Important on-site parking for six (6) cars.
+ Long standing national tenant, in operation since 1988.
+ Landlord favourable net lease terms with tenant paying all usual outgoings including land tax, as per the lease.
+ High profile 491 sqm* building, with recent capital intensive tenant funded upgrades completed in 2019.
+ Position perfect within the Horsham CBD and surrounded by key national retailers and central amongst; Amcal, Coles, Bunnings, Spotlight, Woolworths, CBA, ANZ and more.
+ Horsham: Wimmera’s commercial and retail capital with a trade catchment of circa 55,000 people and annual economic output of $7.481 billion.**** The region produces more than half of Victoria’s total grain crop, oilseeds and pulses.*****
+ Potential 50% stamp duty savings.
+ Rent: $109,999 pa* + GST.
To be sold via Investment Portfolio Auction 167
10:30am (AEDT) Wednesday 27 March 2024
River Room, Crown Casino, Melbourne
Bidder registration required, register here.
Please contact the exclusively appointed sales team for more information.
*Approx
**NAB
***ASX – as at 23 Feb 24
****Remplan
***** Wimmera Development Association
The property has the following investment highlights:
+ Renewed Five (5) year lease to 2028 plus one (1) further Five (5) year option to 2033.
+ National Australia Bank: Top 10 ASX listed financial institution with over 8.5 million customers and 32,000 employees** and $105.3 billion market cap.***
+ Huge 607 sqm* freehold corner site, with significant 50 metre* frontage and exposure to Firebrace Street & Pynsent Streets.
+ Important on-site parking for six (6) cars.
+ Long standing national tenant, in operation since 1988.
+ Landlord favourable net lease terms with tenant paying all usual outgoings including land tax, as per the lease.
+ High profile 491 sqm* building, with recent capital intensive tenant funded upgrades completed in 2019.
+ Position perfect within the Horsham CBD and surrounded by key national retailers and central amongst; Amcal, Coles, Bunnings, Spotlight, Woolworths, CBA, ANZ and more.
+ Horsham: Wimmera’s commercial and retail capital with a trade catchment of circa 55,000 people and annual economic output of $7.481 billion.**** The region produces more than half of Victoria’s total grain crop, oilseeds and pulses.*****
+ Potential 50% stamp duty savings.
+ Rent: $109,999 pa* + GST.
To be sold via Investment Portfolio Auction 167
10:30am (AEDT) Wednesday 27 March 2024
River Room, Crown Casino, Melbourne
Bidder registration required, register here.
Please contact the exclusively appointed sales team for more information.
*Approx
**NAB
***ASX – as at 23 Feb 24
****Remplan
***** Wimmera Development Association
Horsham, 3400 demographic data
The median household income for Horsham is $1,294, 7% lower than Regional Victoria's household income of $1,386. Horsham has a younger age profile compared to the rest of Regional Victoria (median age 40 vs 43). Property ownership data shows 45% of property owners in Horsham have a mortgage.
15,134
Population
$1,294 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Harcourts - HORSHAM31 O'Callaghans Parade
HORSHAM, VIC 3400
HORSHAM, VIC 3400
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