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CBRE - Victoria

10 Farm Road Diggers Rest, VIC 3427

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10 Farm Road,
Diggers Rest, VIC 3427

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Sale - Auction Thu 1 Jul

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CBRE - Victoria
10 Farm Road
Diggers Rest, VIC 3427
CBRE - Victoria

CBRE - Victoria

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Map of 10 Farm Road

Directions
  • Train stations within 5 km of 10 Farm Road, Diggers Rest, VIC 3427Distance
    Diggers Rest Station1.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 10 Farm Road, Diggers Rest, VIC 3427Distance
    Plumpton Rd/Houdini Dr (Diggers Rest)504 m
    Plumpton Rd/Welcome Rd (Diggers Rest)712 m
    Search Rd/Welcome Rd (Diggers Rest)743 m
    Ingot Rd/Welcome Rd (Diggers Rest)762 m
    Glitter Rd/Welcome Rd (Diggers Rest)1 km
    POWERED BY HERE ©
POWERED BY HERE ©

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*

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Property ID: 503838722Last Updated: 18 Jun 2021

Agency contacts

CBRE - Victoria
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
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Jimmy Tat

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Jimmy Tat
CBRE - Victoria
10 Farm Road Diggers Rest, VIC 3427

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I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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