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11 Wharf Street Murwillumbah, NSW 2484

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11 Wharf StreetMurwillumbah, NSW 2484

Shop & Retail • Offices • Medical & Consulting
Sold Price

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Land area

974.0m²

Floor area

1024.0m²

Car spaces

9

Parking info

On title car parks

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

16 Jul 2018

NSW's Fastest Growing Region, Blue Chip Freehold Investment

  • Renewed lease + options to 2026
  • Comm Bank in occupation for 40+ years
  • Net Income: $121,614 pa + GST
Cushman and Wakefield are pleased to present to the market the Commonwealth Bank asset at 11 Wharf Street, Murwillumbah for sale via an Expressions of Interest campaign closing Thursday 26 July at 4pm

• Renewed net lease to 2020 plus options to July 2026
• Northern Rivers Region – Fastest Growing Region in New South Wales
• Commonwealth Bank – ASX Listed company with a market cap. of $126 Billion, Commonwealth Bank has over 51,800 employees and is one of Australia’s largest branch networks with 1,100 branches and 4,300+ ATMs
• Commonwealth Bank have occupied the building for 40+ years
• Tenant pays all usual outgoings including land tax, insurance and management fees
• 9 on title car parks plus abundant on street parking
• Minimal management asset
• Annual CPI rent reviews
• High profile and strategic location in Murwillumbah CBD – positioned amongst Tweed Shire Council, Murwillumbah Library, Medical Centre and a 150+ space multi-level car park
• Murwillumbah: located within the Tweed Shire Council, with a population of 93,458. Murwillumbah is part of the fastest growing region in NSW being the Northern Rivers region
• Net income: $121,614 pa + GST

For Sale via Expressions of Interest campaign closing on Thursday 26 July at 4pm.

Property ID: 502864130Last Updated: 25 Sep 2018

11 Wharf Street
Murwillumbah, NSW 2484

Agency contacts

Cushman & Wakefield - Brisbane

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Cushman & Wakefield - Brisbane

Level 11, 123 Eagle Street
BRISBANE CITY, QLD 4000
Cushman & Wakefield - Sydney

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Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
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Send to:

Tom Moreland
Cushman & Wakefield - Brisbane
11 Wharf Street Murwillumbah, NSW 2484

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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