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6 Merimbula Road Ferny Creek VIC 3786

  • Other
  • 2,820 m²
  • For Sale, Contact Agent

Blue-Chip Investment Opportunities That Will Provide Great Reception

  • Buy one or buy both
  • Total net passing income of $390,000*
  • Securely leased to major telco providers

Tower to Success with this rare opportunity to acquire a Real Estate Backed Infrastructure Corporate Bond Style Investment.

Knight Frank are proud to present the Telecommunication Tower Portfolio (6 Merimbula Road, Ferny Creek & 257 Whittlesea-Kinglake Road, Kinglake Central), two separate high-quality investment opportunities, for sale via an Expressions of Interest campaign closing Tuesday 7 December at 2pm (AEDT).

Key highlights include:

- Exposure to triple A tenants within the communication sector offering recession proof style income.
- An investment that gives you coverage to the exponential growth in mobile data traffic which will be further accelerated by the "new normal" flexible working future.
- Total approx. combined net passing annual income of $390,000, with significant scope for further income growth.
- Solid income growth with 5% average fixed increases within, and diversified income with a medium-term WALE of 3.73 years for a "difficult-to-replicate" asset.
- Both assets are underpinned by substantial underlying land components, Ferny Creek = 2,820 sqm* / Kinglake Central = 3,921 sqm*
- 6 Merimbula Road, Ferny Creek is further improved by an existing 3-bedroom double storey bluestone residential home.

For more information on either of the opportunities within the portfolio, please contact the exclusive Knight Frank sales agents.

Thomas Blencowe
Knight Frank - Melbourne
Thomas Blencowe
Knight Frank - Melbourne
Langton McHarg
Knight Frank - Melbourne
Langton McHarg
Knight Frank - Melbourne

Property Highlights

Property ID2017419064
Floor Area2,820 m²
Land Area2,820 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  24 Nov 2021
Map for 6 Merimbula Road Ferny Creek VIC 3786
Thomas Blencowe
Knight Frank - Melbourne
Thomas Blencowe
Knight Frank - Melbourne
Langton McHarg
Knight Frank - Melbourne
Langton McHarg
Knight Frank - Melbourne

Property Highlights

Property ID2017419064
Floor Area2,820 m²
Land Area2,820 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  24 Nov 2021
Level 29, 120 Collins Street Melbourne VIC 3000
Thomas Blencowe
Thomas Blencowe
Knight Frank - Melbourne
Langton McHarg
Langton McHarg
Knight Frank - Melbourne

Thomas Blencowe

Knight Frank - Melbourne

Langton McHarg

Knight Frank - Melbourne

0401 *** ***
0401 197 122

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