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980 Longford-Loch Sport Road, Dutson, VIC, 3851

2. Property Highlights

Land Rich Investment
  • Total Land Area 62.64ha*
  • Returning $210,000* Per Annum
  • 10+5+5 Years, Triple Net Lease

Fitzroys is delighted to offer for sale, over 62ha* of agricultural land located in one of Victoria’s regional growth areas.

The property features a corner location with combined street frontage of 1,800 metres* and is leased to a blue-chip tenant in the agribusiness industry on a long term, triple net lease currently returning $210,000* per annum.

KEY INVESTMENT HIGHLIGHTS

- Returning $210,000* 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: 62.64ha*

- Dual street access with 588.7m* Longford-Loch Rd frontage

- Connects directly to the South Gippsland Hwy (9km west)

- Total building area: 406sqm*

- Single level office comprising a reception area, staff room, kitchen, amenities & mezzanine storage

- 158sqm* adjoining workshop area with an open storage area of 109sqm*Compost screening plant

- Container sheds with 5,000 tonne* undercover storage capacity

- Fully bunded 60,000 litre diesel fuel storage with 5,000 litres Add-Blue storage

- Wash bay with pump shed with collection sump & three dams

- 1.4ha gravel hardstand

- Fully bunded gravelled composting area 1.4ha (estimated) with 30,000 tonne product storage capacity

980 Longford-Sport Road, Dutson is part of The Gibsons Groundspread Property Portfolio. Other assets include:

- 2194 Princes Highway, Rosedale

- 33 Pound Road West, Yarram

- 100 School Road, Bayles

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

*approx

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3. Property Location

980 Longford-Loch Sport Road, Dutson, VIC, 3851

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4. Due Diligence

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980 Longford-Loch Sport Road, Dutson, VIC, 3851 Dutson
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