OVERVIEW
+ Leased to national not-for-profit organisation YMCA, with accompanying permit for 104 places
+ Annual income of $284,109 p.a*+ GST & outgoings including land tax
+ 15 year lease to 2032 with (2) two further (15) fifteen year options to 2062
+ Strategic 2,459 sqm corner site, zoned Urban Growth with twenty-two (22) on-site car spaces
+ Modern improvements allowing strong depreciation benefits and constructed by The Llyod Group – a highly regarded and experienced national developer
+ Land Tax exempt investment given the non-profit nature of the covenant
+ YMCA are one of the largest non-profit early learning operators within Australia with a total of 31 centres across VIC, SA, NSW and NT
LOCATION
+ Opposite the proposed Diggers Rest Shopping centre, and walking distance to Diggers Rest Primary School plus numerous recreation facilities
+ 5-minute drive to Diggers Rest Train Station and walking distance to public transport with Easy access to the Calder Freeway
+ Substantial growth location with The City of Hume’s forecast population at 50% by 2041 (Total population of 372,627)
FOR SALE VIA BOARDROOM AUCTION ON THURSDAY 1ST OF JULY AT 2.30PM (AEST) AT THE OFFICE OF CBRE MELBOURNE - LEVEL 34, 8 EXHIBITION STREET, MELBOURNE
For more information, please contact the exclusive sales and marketing agents below:
Sandro Peluso
0418 389 757
Jimmy Tat
0439 399 188
Marcello Caspani-Muto
0417 065 777
approx*
Remember to mention you found this property on CommercialReady.com.au
10 Farm Road, DIGGERS REST, VIC, 3427