5-7 Glendale Avenue Hastings VIC 3915

GO Commercial Industrial is pleased to offer for sale this quality leased investment via Expressions of Interest closing Tuesday 11 June at 5pm.

Investment Features include:
- Essential service investment leased by Ambulance Victoria as an Emergency 24 hour branch
- 5 year remaining lease term with options through to 2035
- Tenant responsible for all outgoings (land tax exempt)
- Favourable annual CPI rent reviews
- Net Passing income of $123,304* per annum (as at 29 April 2024)
- Modern purpose-built 420 sqm* building for Ambulance Victoria
- Situated on 1,170 sqm site zoned Industrial 3 under Mornington Peninsula Planning Scheme
- Surrounded by national companies including McDonalds, Red Rooster, Supercheap Auto, KFC, Coles, Kmart, Woolworths, Bunnings plus many more
- Located just west of Hastings Railway Station and the Hastings retail shopping area

For Sale via Expressions of Interest closing Tuesday 11 June at 5pm

Terms: 10% deposit, 30/60 day settlement

Inspections by appointment only.

For more information, please contact the exclusive selling agents.

*Approximately