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.