CBRE is pleased to offer to the market Boba Vibes, located at T2/5 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 Boba Vibes to October 2032.
+ One (1) further seven (7) year option to 2039.
+ Boba Vibes: modern bubble tea and beverage operator neighbouring Domino’s Pizza and Sweet India.
+ Attractive and 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.
+ 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, forecasted 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: $38,925 pa* + GST

For Sale by Investment Portfolio Auction
10:30 am AEDT Wednesday 25 February 2025
River Room, Melbourne Crown Casino, VIC

Please contact the exclusively appointed team for more information.

* Approx
^ Gapmaps
^^ Forecast.Id