7 Year Lease to 2032 Plus Options | Leading Indian Sweets/Dessert Chain
Description
CBRE is pleased to offer to the market Sweet India, located at 15/5 Riverland Road, Clyde VIC, for sale via Investment Portfolio Auction 182.
This opportunity has the following key investment highlights:
+ New Seven (7) year net lease to Sweet India to October 2032.
+ Two (2) further five (5) year options to 2042.
+ Sweet India: Est. 2010, Australia and New Zealand’s leading manufacturer, retailer and caterer (including Coles and Costco) of Indian sweets and desserts with 8 locations and growing.
+ Attractive landlord-favourable fixed 4% annual rent increases, ensuring rental growth.
+ Landlord preferred net Lease with Tenant paying usual outgoings, excluding land tax.
+ Brand new construction (completed in 2025), offering income tax-saving depreciation benefits.
+ Significant 200sqm* premise with impressive fit-out to Sweet India’s latest corporate layout and design.
+ Strong 6 month’s Bank Guarantee plus personal guarantee to the performance of the lease.
+ Farm Gate Local: Part of Oreana’s future town centre development within the new ‘Riverfield Estate’ masterplanned community, complemented by surrounding retailers.
+ Strategic central location between major future residential developments in Riverfield Estate (2,300 future homes) and Stockland Evergreen (3,000 future homes), serving over 15,000 future residents.^
+ Clyde: a booming growth corridor in Melbourne southeast, forecast to grow by 221.9% to 78,264 residents by 2046.^^
+ City of Casey: One of Victoria’s fastest growing LGAs with a population forecast to increase 48.4% to a significant 614,075 by 2046.^^
+ Net Income: $129,220 pa* + GST
For Sale by Investment Portfolio Auction
10:30 am AEDT Wednesday 25 February 2025
Promenade Room, Melbourne Crown Casino, VIC
Please contact the exclusively appointed team for more information.
* Approx
^ Gapmaps
^^ Forecast.Id
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Contact agents
Shaun Venables Senior Director
0411 860 865
George Wilkinson Associate Director
0439 173 049
Paul Tran Junior Sales Associate
0413 860 317Enquiry Form
Clyde, VIC
15/ 5 Riverland Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 182
Contact agents
-
Shaun Venables Senior Director
0411 860 865 -
George Wilkinson Associate Director
0439 173 049 -
Paul Tran Junior Sales Associate
0413 860 317