100 School Road,
Bayles, VIC 3981

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.