Lot 44 & 45, Level 5, 402-410 Chapel Road,
Bankstown, NSW 2200

Offices

Key property information

Floor area

Car spaces

Parking info

Property extent

Tenure type

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Map of Lot 44 & 45, Level 5, 402-410 Chapel Road

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Two Exceptional Bank Investments - SOLD BY ROBBIE DELMEGE

Brand New Lease + Option Commencing 2017
Guaranteed Annual Rent Increases
Astute Alternative to a Resi. Investment

Delmege Property Group is delighted to offer two commercial office investments leased to National Australia Bank Limited for sale separately or in one-line.

NAB are a major occupier of space in the building, having a retail branch on ground level, business banking on level 5 and building signage.

Investment Features

-Brand new renewed lease plus option commencing in March 2017
-NAB: Publicly listed company with a market cap. of $74.66 billion AUD*
-Guaranteed rental growth with 3% annual rent increases
-High quality capital intensive fitout constructed by the Bank
-Modern tightly held commercial office building located close to the Station and Town Centre
-NAB retail branch and business banking in the one building, ideal for customers

Lot 44 - SOLD

-67 sqm + 2 oversized side-by-side basement security carspaces
-Estimated Net Income (as at 13 March 2017): $21,749.85 + GST

Lot 45 - SOLD

-111 sqm + 2 side-by-side basement security carspaces
-Estimated Net Income (as at 13 March 2017): $36,913.05 + GST

*November 2016

Please contact Robbie Delmege on 0402 99 22 77.

Bankstown, 2200 demographic data

The median household income for Bankstown is $1,331, 36% lower than Greater Sydney's household income of $2,077. Bankstown has a younger age profile compared to the rest of Greater Sydney (median age 34 vs 37). Property ownership data shows 52% of property owners in Bankstown have a mortgage.

34,933

Population

$1,331 per week

Median household income

34 years

Median age

Renters

Most residents

Families

Most households