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1D Wolgan Street Portland, NSW 2847

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1D Wolgan Street Portland, NSW 2847

Shop & Retail
Sold Price

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Floor area

335.0m²

Sold on

07 Dec 2018

Prime Retail Value Creation Opportunity

  • Former Commonwealth Bank (CBA) branch
  • Vacant possession
  • Value-add and development potential

Colliers International, on behalf of the Commonwealth Bank of Australia (CBA), is pleased to present For Sale, 1D (Lot 9) Wolgan Street, Portland, one of four properties offered as part the CBA Portfolio.

The CBA Portfolio presents the astute investor an outstanding opportunity to acquire one of four vacant freehold commercial properties in prime retail locations. Each property offers value-add opportunities and potential development upside across flexible zonings.

1D Wolgan Street, Portland highlights include:

- Offered with Vacant Possession

- Previously operated by CBA

- 3-year ATM lease to CBA for $5,000 per annum + GST from the date of settlement

- 335sqm* of site area

- 170sqm* of net lettable area

- Value creation and development upside

- Flexible B2 – Local Centre Zoning

1D Wolgan Street, Portland, as part of the CBA Portfolio, is being offered For Sale by way of Public Auction to be held at Dexus Place, Level 5, 1 Margaret Street, Sydney NSW 2000 on Thursday 6th December at 10:30am (AEDT).

For more information, please contact the exclusive selling agents below:

Harry Bui

0418 477 888

Nick Estephen

0488 748 186

Clarence Chan

0420 364 998

CBA18

Property ID: 503017854Last Updated: 7 Feb 2019

1D Wolgan Street
Portland, NSW 2847

Agency contacts

Colliers International - Sydney

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Colliers International - Sydney

Level 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
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Clarence Chan
Colliers International - Sydney
1D Wolgan Street Portland, NSW 2847

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

Kind Regards,

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