11 McPherson Street, Epsom VIC 3551

• Tenant Name: Paul Sadler Swimland Bendigo
• Tenant Profile: Highly experienced operator with over 50 years in operation and has multiple learn to swim schools across Victoria, in Canada and Vietnam
• Lease Term: 14 years and 11 months
• Options: Two further terms each of 10 years
• Rent: $287,500 plus GST
• Reviews: 3.5% on each anniversary of the lease from year 3 onwards.
• Pool Size: 20 m x 10 m
• Benefits of this Opportunity:

• Architecturally designed, permitted swim school development site.
• Located on a premium corner block with 100 m road frontage on McPherson Street & Midland Highway, which 14,100 commuters travel along this road each day.
• Epsom & Ascot populations expected to grow 23% from 2025 - 2046.
• Huntly population expected to grow 183% over the same period.
• These suburbs are welcoming 17 new estates totalling 4,750 new homes.
• Despite this growth, no existing swim school in these suburbs.
• Price:

1. Option 1: Buy land with permits $1,400,000
2. Option 2: Buy completed project $4,600,000

For more information, please contact Wendy Zhou at 0422 011 188 or Jasmine Li at 0499 115 330 to receive a detailed information memorandum.

Follow on LinkedIn - www.linkedin.com/in/wendy-zhou-ASLRE

********

ASL Real Estate and/or their agents, for themselves and for the vendor/landlord of these properties for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) All information given in relation to these properties is current up until the creation and distribution of this document, (iii) Intending purchasers/tenants should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iv) No person in the employment of ASL Real Estate has any authority to make or give any representation or warranty.

ANY IMAGE RELATING TO THIS PROPERTY IS FOR INDICATIVE PURPOSE ONLY.

By sending an enquiry to ASL Real Estate you agree to be marketed to in the future for similar properties through email alerts/SMS messages. This is at NO COST to you and at any time you wish to cancel your subscription please simply reply STOP.

http://www.consumer.vic.gov.au/duediligencechecklistss