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179-181 Hare St 4,542 SF Office Building Echuca, VIC 3564 $2,478,330 CAD ($545.60 CAD/SF)



Investment Highlights
- Renewed lease to ANZ Bank through October 2026 with options to 2032.
- Gross lease structure generating $135,000 per annum plus GST with 3% annual increases.
- Established ASX-listed tenant offering robust covenant and income certainty.
- Prominent 17-meter frontage to Hare Street in Echuca’s CBD precinct.
Executive Summary
This iconic ANZ Bank freehold offers investors the rare opportunity to secure a landmark property with a secure tenant covenant in one of regional Victoria’s premier commercial addresses. Leased to ANZ Bank—one of Australia’s largest banks and an ASX Top 7 listed entity—the investment provides stability, visibility, and long-term upside.
The property operates under renewed lease terms to October 2026, including further options extending to 2032, embedding income security for years to come. A gross lease structure, together with landlord-paid outgoings and annual 3% fixed increases, ensures reliable growth and minimal management burden. The asset currently delivers a gross income stream of $135,000 per annum plus GST.
Comprising 422 m² of modern improvements across two floors plus on-site parking for four vehicles, the premises emphasize functionality and professional appeal. The strategic positioning on busy Hare Street strengthens profile exposure and underscores the property’s enduring relevance in Echuca’s CBD. Recent tenant-funded upgrades reinforce building quality and investment longevity.
Situated within two kilometers of the $324 million Echuca-Moama Bridge Project, the site benefits from major regional infrastructure and a trade catchment of approximately 60,000 people, enhanced by strong tourism activity. This property represents a rare blend of security, prestige, and performance—all underpinned by a global banking brand.
The property operates under renewed lease terms to October 2026, including further options extending to 2032, embedding income security for years to come. A gross lease structure, together with landlord-paid outgoings and annual 3% fixed increases, ensures reliable growth and minimal management burden. The asset currently delivers a gross income stream of $135,000 per annum plus GST.
Comprising 422 m² of modern improvements across two floors plus on-site parking for four vehicles, the premises emphasize functionality and professional appeal. The strategic positioning on busy Hare Street strengthens profile exposure and underscores the property’s enduring relevance in Echuca’s CBD. Recent tenant-funded upgrades reinforce building quality and investment longevity.
Situated within two kilometers of the $324 million Echuca-Moama Bridge Project, the site benefits from major regional infrastructure and a trade catchment of approximately 60,000 people, enhanced by strong tourism activity. This property represents a rare blend of security, prestige, and performance—all underpinned by a global banking brand.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,542 SF
Building Class
C
Price
$2,478,330 CAD
Price Per SF
$545.60 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,271 SF
Building FAR
0.92
Lot Size
0.11 AC
Amenities
- Signage
- Demised WC facilities
- Secure Storage
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179-181 Hare St
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