This free standing building is leased to the CBA and has been for 19 years. The building is positioned diagonally from Earle Plaza Shopping Centre (Nerang Post Office and Movie theatres) and across he road from the newly constructed Nerang Library, making this locale the central business district of Nerang. This property has prominent exposure because of its location on the corner of Price and White Streets.
Land Size 1,012m2 (approx)
Great on premise Parking
Extremely High traffic exposure in main street
Built circa 1992
Leased to Commonwealth Bank of Australia (CBA)
Annual CPI increases
Lease commencement 1st December 1992. It was just exercised for another 5 years from the 1st December 2011
Remaining options 3 + 3 years (to 1st of December 2022)