Large land bank opportunity with significant future development potential, combined with growing population in the Casey Shire, this Corner landholding of approx 5 acres on Browns Road, a main thoroughfare passed by thousands of cars daily. Positioned perfectly on a bitumen road this property is ideally located with easy freeway access to Melbourne & the Westernport area.

Great Rental Return, will suit Investors & Landlords. Favourable 5 / 5 / 5 year lease structure with 4% increases and all outgoings paid by the tenant.
For Sale with Receipt of Rents & Profits:
Commercial Lease: $104,000 approx rent per annum + GST
Tenant: Wholesale Plants Direct – working Wholesale & Retail Nursery

Property Description:
Home: 4 Bedroom Home, Master with Ensuite, delightful lounge with coonara style heater & a fantastic timber kitchen with all the mod-cons overlooking the enormous family room, ducted heating & refrigerated cooling.
Land: Located on approx 5 Acres, 8 igloos, mains water, recycling watering system, 5 x 31,000 litre water tanks, 2 dams & plenty of shedding,
Tenant Running a Nursery Business

TERMS:
Expressions of Interest Close Monday 10th April 2017 @ 5pm

CONDITIONS:
Deposit: 10% Settlement: 60 / 90 / 120 Days