SOLD - Murwillumbah (Tweed Coast) - Commonwealth Bank of Australia

Cushman and Wakefield are pleased to present to the market the Commonwealth Bank asset at 11 Wharf Street, Murwillumbah for sale via an Expressions of Interest campaign closing Thursday 26 July at 4pm

• Renewed net lease to 2020 plus options to July 2026
• Northern Rivers Region - Fastest Growing Region in New South Wales
• Commonwealth Bank - ASX Listed company with a market cap. of $126 Billion, Commonwealth Bank has over 51,800 employees and is one of Australia’s largest branch networks with 1,100 branches and 4,300+ ATMs
• Commonwealth Bank have occupied the building for 40+ years
• Tenant pays all usual outgoings including land tax, insurance and management fees
• 9 on title car parks plus abundant on street parking
• Minimal management asset
• Annual CPI rent reviews
• High profile and strategic location in Murwillumbah CBD – positioned amongst Tweed Shire Council, Murwillumbah Library, Medical Centre and a 150+ space multi-level car park
• Murwillumbah: located within the Tweed Shire Council, with a population of 93,458. Murwillumbah is part of the fastest growing region in NSW being the Northern Rivers region
• Net Income $121,614 pa + GST

For Sale via Expressions of Interest campaign closing on Thursday 26 July at 4pm.