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Sold on 1 Jul 2021

10 Farm Road Diggers Rest VIC 3427

  • Medical / Consulting
  • 797 m²
  • Sold

15 YEAR LEASE + OPTIONS TO 2062 TO NATIONAL NOT-FOR-PROFIT ORGANISATION, YMCA

  • Fully Leased to YMCA
  • Strategic 2,459sqm* corner landholding
  • Tenant pays all outgoings inc land tax

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*

Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne

Property Highlights

Property ID2017038342
Date Sold1 Jul 2021
Floor Area797 m²
Land Area2,459 m²
ParkingOn site parking available
Building TypeWhole building
Virtual TourView Tour
Category
Last updated  1 Jul 2021
Map for 10 Farm Road Diggers Rest VIC 3427
Map for 10 Farm Road Diggers Rest VIC 342710 Farm Road Diggers Rest VIC 3427
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne

Property Highlights

Property ID2017038342
Date Sold1 Jul 2021
Floor Area797 m²
Land Area2,459 m²
ParkingOn site parking available
Building TypeWhole building
Virtual TourView Tour
Category
Last updated  1 Jul 2021
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Jimmy Tat
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne
Marcello Caspani-Muto
CBRE Melbourne
Sandro Peluso

Sandro Peluso

CBRE Melbourne

Jimmy Tat

Jimmy Tat

CBRE Melbourne

Marcello Caspani-Muto

Marcello Caspani-Muto

CBRE Melbourne

+61 *** ***
+61 418 389 757

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