10 Farm Road Diggers Rest VIC 3427

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*