Gross Waddell is delighted to announce the sale of 21 Brook Street, Sunbury for $2,750,000 representing a yield of 4.55%

Outstanding Investment Opportunity

  • Building Area: 396m2*
  • Land Area: 680m2*
  • Significant 16m* frontage to Brook Street
  • Tenant: National Australia Bank
  • Lease Term: 5 + 5 years
  • Current Rental: $125,000* p.a. net + GST
  • Reviews: 3.5% annual increases, market review at option
  • Tenant pays all outgoings including Land Tax on a single holding basis
  • Tenant has been in occupation for 30+ years

*Approx.