Freehold with Tenancy PLUS EXTRA 7,900 Sq Metres of Land to Develop

Rare opportunity to Purchase a  Newly Developed Commercial Property with a Longstanding Tenant.

• 8990 Square Metres of Land in Total.
• 1,000 Square Metres Leased out for $158,400 Incl GST Per Annum Plus Outgoings (Selling Price $3Million Leased Site)
• 7,990 Square Metres of Land Available to Develop on – Multitude of Uses STCA. Residential, Medical, Leisure etc. (Asking Price $1.5 Million Land and House)

First Lease Term of 15 Years With 4 further options of 5 Years.

Annual Increases of 3.3%  with Market Reviews at various times during the lease period.

Starting Rent of $158,400 Incl GST – PLUS OUTGOINGS

Secure Tenant is a Triple AAA Major Australian Brand Retailer.

The Property has just been given a Million Dollar Upgrade and Fully Redeveloped with Fit Out of highest Quality.

Nothing to do! All the hard work has been done.

Ticks all the Boxes:

• Good Return on Investment. 
• Immaculate Property and Building.
• Secure Tenants. 
• Long First Term Lease 15 Yrs Plus 5 x 5 x 5 x 5 Years

Hepburn/Daylesford Median Property Prices have improved over 16% in the last quarter and growing.