High Profile Freehold Investment Leased to Westpac Bank
159 Morayfield Road, Morayfield, QLD 4506
Ray White Commercial Northern Corridor Group are pleased to offer 159 Morayfield Road, Morayfield for sale
Westpac Bank have occupied this freehold landmark on one of the most sought after retail strips in South East Queensland for the last 20 years. With assured income via a renewed 5 year lease and a local population exploding, you can buy with the confidence that can only come from combining a premium tenant with an irreplaceable location.
Key features:
- Freehold 1,082m2 lot with 352m2* building
- $170,000* net per annum
- New 5 year lease with options to 2031
- Fixed 3% reviews
- Drive through ATM plus 16 on site car parks
- Adjoins Morayfield Shopping Centre (6.2 million annual visitors)
- ASX listed "Big 4" Bank Tenant
Please contact exclusive marketing agent Chris Massie for additional information or to arrange an inspection.
*approximate