89 Johnson Street,
Maffra, VIC 3860
Shops & Retail
Key property information
Land area
Floor area
Tenure type
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Map of 89 Johnson Street
YOU CAN ALWAYS BANK ON A BANK!
This outstanding commercial premises nestled in the vibrant Maffra CBD precinct represents an amazing investment for the astute investor.
Not only are you securing one of Australia's most prized commercial tenants who has occupied the building already for a long period of time, you are also purchasing a substantial piece of real estate that stacks up wonderfully on just bricks, mortar and land content alone.
The impressive building offers in the region of some 406sqm(approx) over two levels with the downstairs totally dedicated to the day to day workings of the NAB, while upstairs is currently utilized as additional storage area, but in its hey day would have been the branch managers residence with four large bedrooms and substantial living area. The building also sits on a large parcel of prime B1 zoned land of some 1337sqm approx (.3 acre) with two road frontages which could allow for further development and subdivision (STSA) if desired.
LEASE DETAILS
ANNUAL RENTAL: $30,879.96 plus GST
TERM: 10/11/2008-09/11/2013
OPTIONS: 2 X 5 YEARS
MARKET REVIEWS AT YEARS 2 & 4 IN EACH TERM
Not only are you securing one of Australia's most prized commercial tenants who has occupied the building already for a long period of time, you are also purchasing a substantial piece of real estate that stacks up wonderfully on just bricks, mortar and land content alone.
The impressive building offers in the region of some 406sqm(approx) over two levels with the downstairs totally dedicated to the day to day workings of the NAB, while upstairs is currently utilized as additional storage area, but in its hey day would have been the branch managers residence with four large bedrooms and substantial living area. The building also sits on a large parcel of prime B1 zoned land of some 1337sqm approx (.3 acre) with two road frontages which could allow for further development and subdivision (STSA) if desired.
LEASE DETAILS
ANNUAL RENTAL: $30,879.96 plus GST
TERM: 10/11/2008-09/11/2013
OPTIONS: 2 X 5 YEARS
MARKET REVIEWS AT YEARS 2 & 4 IN EACH TERM
Maffra, 3860 demographic data
The median household income for Maffra is $1,285, 7% lower than Regional Victoria's household income of $1,386. Maffra has a younger age profile compared to the rest of Regional Victoria (median age 42 vs 43). Property ownership data shows 46% of property owners in Maffra have a mortgage.
5,384
Population
$1,285 per week
Median household income
42 years
Median age
Owners
Most residents
Families
Most households
04193818...
89 Johnson Street
Maffra, VIC 3860
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81 Temple Street,Heyfield, VIC 3858 90 - 120 m²Shops & Retail • Medical & Consulting • Offices