100 School Road
BAYLES, VIC 3981

Superb Investment In Growth Corridor

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.