Information Memorandum | 15 Langmore Lane, Berwick

INFORMATION MEMORANDUM 15 Langmore Lane, Berwick

9793 4455 | faceyindustrial.com.au

CONTENTS

01 Executive Summary | P3

02 Property Snapshot | P5 Tenant Profile | P6

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04 03 Location Snapshot | P10 Location Overview | P11 Zoning Map | P12

Method of Sale | P14 Your Agent | P15

01 EXECUTIVE SUMMARY

Exceptionally well located, this commercial investment demands your attention.

Leased on a 5 year term to MIA Radiology with an additional 5 year option. Renewed in 2005, 2010 and 2015 this radiology clinic has been associated with 15 Langmore Lane since its inception back in 2001 when they occupied Suites 2 & 3.

Currently returning $156,773 pa + GST & O/Gs, the three individual suites have been leased as one since 2005. Annual increases to 4% keep this property ticking over. 14 car parks on site at rear and within Berwick’s commercial heart you can not find a better positioned piece of real estate.

Auction to be held Wednesday 6th December 2017, 11am on site. Calling for a 10% deposit with settlement 60/90 days.

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LOCATION OVERVIEW

Located in Berwick’s bustling retail and commercial sector, in close proximity to both High Street/Princes Highway and Princes Freeway (M1)

413m² BUILDING AREA

Auction METHOD OF SALE

AUCTION

Wednesday 6th December, 11am on site Terms: 10% Deposit - Balance 60/90 days

PROPERTY 15 Langmore Lane, Berwick

02 PROPERTY SNAPSHOT 890m2 LAND AREA

Commercial 1 ZONING

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413m2 BUILDING AREA

$156,773 pa + GST & O/Gs INCOME

02 TENANT PROFILE

MIA Radiology - Berwick Medical Imaging has occupied Langmore Lane since 2001 with renewals in 2005, 2010 & 2015.

MIA Radiology offers a comprehensive range of medical imaging services from general x-ray procedures, through to CT, MRI, PET, ultrasound, mammography, bone mineral densitometry, nuclear medicine and dental imaging.

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02 VIEW THIS PROPERTY Click image or follow this URL https://www.youtube.com/ watch?v=oyfzz8mTQrQ

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LOCATION 15 Langmore Lane, Berwick

03 LOCATION SNAPSHOT

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03 LOCATION OVERVIEW 1

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1. Coles Supermarket

150m

2. St John of God Hospital

190m

3. High Street/Princes Highway 240m 4. St. Margaret’s School

450m

5. Berwick Station

750m

6. Princes Freeway

1.6km

7. Casey Hospital

1.8km

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03 ZONING MAP

Commercial 1 Below is a map of the property located in the Commercial 1 zone. The purpose of the Commercial 1 is to create vibrant mixed use commercial centres for retail, office, business, entertainment and community uses.

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SALE INFORMATION 15 Langmore Lane, Berwick

04 METHOD OF SALE

Auction - Wednesday 6th December, 11am on site Terms: 10% Deposit - Balance 60/90 days Due Diligence The following additional information can be provided upon request:

DOCUMENTATION

Contract of sale

INSPECTION

I nspections of the property are recommended and can be arranged by appointment with the exclusive selling agents.

ENQUIRIES

All enquiries regarding information and requests for inspections are to be directed to the selling agents overleaf.

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04 YOUR AGENTS

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Mark Bond

Colin Tarlamis

Director 0419 386 882 mark@faceyindustrial.com.au

Associate Corporate Real Estate 0400 344 070 colin@faceyindustrial.com.au

INFORMATION MEMORANDUM

APPENDIX 15 Langmore Lane, Berwick

6 Clow Street Dandenong VIC 3175 9793 4455 faceyindustrial.com.au Disclaimer All prices are GST Exclusive. All areas are approximate. Prospective Purchasers/Tenants should make their own enquiries to satisfy themselves of all aspects.

This property report has been prepared by Facey Kendall O’Dea Pty Ltd – ACN: 053 469 757, trading as Facey Industrial Commercial solely for the information of potential purchasers/tenants to assist them in deciding whether they are sufficiently interested in the properties. The information does not constitute all or any part of an offer or Contract of Sale/Lease, and is intended as a guide only.

The information contained in the report has been prepared in good faith by Facey Industrial Commercial and includes information provided by other sources. Facey Industrial Commercial advise that they have not checked or verified and make no representation of their accuracy.