Burgess Rawson from CBRE is pleased to offer to the market the ACARES Specialist Disability Accommodation (SDA) facility located at 7 Ararat Street, Tarneit VIC for sale via Private Treaty.

The property has the following key investment highlights:

+ Ten (10) year lease to ACARES to October 2031 plus Two (2) additional Ten (10) year options to 2051 (circa 5 years remaining).
+ ACARES: subsidiary of Zenitas Healthcare, ACARES is a leading Australian provider of disability, aged care, and health services.
+ Purpose-built 274sqm* 3-bedroom (plus OOA) SDA building constructed to ‘High Physical Support’ standards.
+ Strategic 508sqm* corner freehold landholding with important 46m* dual street frontage to Ararat Street & Benambra Street.
+ Fixed, compounding, annual 2.5% rent increases, ensuring income growth.
+ Land tax exempt investment opportunity.
+ ACARES is responsible for all usual outgoings including rates and insurance premiums.
+ Conveniently located just 900m* from ALDI and a full-line Coles Supermarket.
+ Tarneit: one of Australia’s fastest growing city-fringe locations with population set to surge 73.39% by 2046 to more than 125,000 residents. (1)
+ City of Wyndham: home to more than 337,000 residents, the City of Wyndham supports 91,224 jobs and has an annual economic output of $37.867 billion.(2)
+ Net Income: $86,225 pa*.

To be sold by Private Treaty

*Approx
1 .id
2 REMPlan