Recently leased to ASX listed Westpac (trading as BankSA) this is a chance to purchase a secure leased investment in the heart of the Nuriootpa Township, which is the major commercial centre inside the Barossa Valley. With over 18m* of prime frontage on the main retail and commercial street, this property gives investors a long-term strategic land banking opportunity as well as a fantastic current investment. The new lease commenced October 2018 on a 3-year term with two additional 3-year options, providing the purchaser with comfort in the investment. Currently the property is returning an attractive $95,402 pa* with annual CPI increases and the tenant pays all outgoings including land tax, meaning this is truly an investment to sit and forget.

- New 3-year lease to ASX listed tenant
- Net return of $95,402 pa*
- 366sqm of well-maintained office space
- Significant main street site of 719sqm*
- Secure rear car parking for 7* vehicles
- Zoned District Town Centre inside The Barossa Council
- Located in the centre of the regional town of Nuriootpa

For Sale by public onsite Auction on Thursday 12th of September at 11:00am


For further information please contact exclusive marketing agents CBRE:

Ned Looker - 0448 689 5...
Rhyce Scott - 0422 960 5...
Harry Einarson – 0421 747 4...

RLA 208125 *approximately