Yield Commercial is pleased to present 84 Lannercost Street, Ingham for sale via Private Treaty — a freestanding, main street investment underpinned by one of Australia's leading financial institutions.
Set on a substantial 1,029 sqm landholding, the property has been home to National Australia Bank (NAB) for over 45 years, a track record that speaks to the strength and permanency of this main street location. NAB has recently exercised its option to renew, securing occupancy through to 2028 with a further 3-year option to 2031, on a fully net structure. The building received a refurbishment in August 2025 by NAB, is fully air-conditioned throughout with recently upgraded plant and equipment, and is well maintained inside and out, complemented by 12 on-site car spaces to the rear. Positioned prominently on Ingham's main street, the asset represents a rare chance to acquire a bank-grade covenant in a tightly held regional location.
Ingham, in North Queensland, sits 1,448 km north of Brisbane and 113 km north of Townsville, with a population of just under 11,000 across the wider Hinchinbrook Shire. Settled in 1864, the town is serviced by Victoria Mill, one of Queensland's highest-output sugar mills, and carries a rich history shaped by the Italian migrants who settled here to work the land. Beyond agriculture, Ingham is also the gateway to Wallaman Falls and Girringun National Park, with the town well connected via the Bruce Highway, Ingham Airport and the Tilt Train.
With NAB bank refurbishing the premises, signing a new lease extending beyond 45 years occupation with further option showcases the strength of the commitment to Ingham. Mainstay of farming capital in regional Australia NAB is a proud regional provider.
Highlights:
+ Substantial landholding of 1,029 sqm improved with a 680 sqm building
+ Below land tax threshold - on single holding basis
+ NAB has exercised its option, extending its tenancy to 2028 with an additional 3-year option to 2031
+ Fixed annual rental increases of 2.5%
+ 12 on-site car spaces, fully concreted, located to the rear of the building
+ Prominent main street position in Ingham, with the property well maintained throughout
+ Tenant pays 100% Outgoings
+ 100% leased to National Australia Bank (NAB), a major ASX-listed banking institution
+ Fully air-conditioned throughout with recently upgraded plant and equipment
+ Net Income: $93,950pa + GST
For Sale via Private Treaty offers rom $1,300,000 - High Yielding 7% plus investment
For further information, please contact Yield Commercial agent Guy Randell on 0430 272 999.