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100 School Road, Bayles, VIC, 3981

2. Property Highlights

Superb Investment In Growth Corridor
  • Total Land Area 7.704ha*
  • Returning $220,000 Per Annum
  • 5 + 5 Year Options

Fitzroys is pleased to offer for sale over 7.7ha* of agricultural land located in Metropolitan Melbourne’s second largest and one of Victoria’s fastest growing municipality. The property is leased to a blue chip tenant in the agribusiness industry on a long term, triple net lease returning $220,000* per annum.

KEY INVESTMENT HIGHLIGHTS

- Returning $220,000* per annum

- 10-year leaseback

- 5 + 5 year options

- Triple net lease structure

- Fixed 3.0% annual reviews

- Leased to Gibsons Groundspread Pty Ltd, Victoria’s leading agricultural distributor and spreader

of bulk fertiliser, lime and compost with 70 years’ experience

PROPERTY FEATURES

- Total land area: 7.704ha*

- 162.95m* School Road frontage

- Total building area: 1,064sqm*

- 136sqm* office and amenities building with verandahs

- 717sqm* shed containing fertiliser bunkers & a 15 tonne load blender

- 211sqm* shed used for storage & parking

- 64kVA JCB three phase generator

- Wash bay area with pump shed with triple interceptor

- 50 tonne weigh bridge

- Fully bunded 30,000 litre diesel fuel storage area

100 School Road, Bayles is part of The Gibsons Groundspread Property Portfolio. Other assets include:

- 2194 Princes Highway, Rosedale

- 980 Longford-Sport Road, Dutson

- 33 Pound Road West, Yarram

For further information, please contact one of the exclusive representatives.

*Approx.

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3. Property Location

100 School Road, Bayles, VIC, 3981

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4. Due Diligence

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100 School Road, Bayles, VIC, 3981 Bayles
Fitzroys
Fitzroys
Level 27, 360 Collins Street, Melbourne VIC 3000
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