Great investment opportunity with potential for added value. It has been leased to NAB since it was built 30 years ago, and the tenant has signed a new 4-year lease that can be renewed. Property features include: · The building area is 396 square meters · Land area 680 square meters · About 16 meters frontage - Brook Street · The tenant is National Australia Bank · The current rent is $120,000 per annum, plus GST · The tenant pays other fees, including land taxes · There is potential for added value · The tenant has been living in the house for more than 30 years
