Sold

85 Elmslie Drive,
Cranbourne East 3977, Victoria

100m² land size
100m² building size
Retail

Price withheld


Property details

Stable Investment Est. Circa 7%

Ray White Commercial has been exclusively appointed to sell 85 Elmslie Drive, Cranbourne East.

Buyers seldom get the opportunity to take advantage of assets that are so nicely packaged up. This portfolio has been hand-picked to ensure risk mitigation and cash flow.

In short, the leasing and now management plan has been designed so as not to rely on one 'anchor' tenant but allows for a diversification of risk across an instant portfolio.

The tenancy mix consists of operators desired by the local community and trading well while enjoying the bustling community feel around it.

• Flexible floor plates with the ability to chop and change in the future
• Regular consumer base with surrounding education operations
• Strong depreciation benefits

LOCATION:
Positioned within one of Victoria's fastest-growing locations with a forecast population growth of 61.93% by 2041.

There are numerous quality education facilities, including Papilio Early Education, Casey Fields Primary School, Cranbourne Primary School, Cranbourne Primary School, and Schoolie Central Daycare.
Extremely well positioned to access major roads, including the South Gippsland Highway, Eastlink, and Monash Freeway.

For inspection by appointment, please call Ryan Trickey on 0400 380 438 or Will Jonas on 0422 883 011

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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