1D Wolgan Street Portland, NSW 2847
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:
0418 477 888
0488 748 186
0420 364 998
Property ID: 503017854Last Updated: 18 Jan 2019