Freestanding Large Format Retail Investment – Renewed Leases to National Tenants Petbarn & Tackle World

Burgess Rawson is pleased to offer to the market Petbarn & Tackle World, 104 Clinton Street, Goulburn NSW for sale via our Investment Auction Portfolio 168.

This investment has the following key investment highlights:

+ Renewed 5 year net lease to Petbarn to 2028 plus options to 2038
+ Petbarn: national network of 140+ sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australian Super and Ontario Pension Plan
+ Lease guaranteed by Greencross Limited, Australia’s largest vet services business with over 160 clinics
+ Renewed 5 year net lease to Tackle World to 2028 plus options to 2038
+ Tackle World: strong national network of over 46+ stores and a long 30+ year history.
+ Favourable CPI annual rental reviews
+ Landlord friendly net leases with the tenants paying for all outgoings (as per the leases)
+ High profile 3,354sqm* main road landholding improved by an expansive 2,100sqm* building comprised of a modern tilt-panel LFR showroom
+ Strategic CBD retail position near 7-Eleven, ALDI, Woolworths, Goulburn Marketplace Shopping Mall, and Goulburn Train Station
+ Goulburn: current population of 34,000+ with a GRP of $1.84 billion, a key NSW inland city connecting Sydney and Canberra
+ Net Income: $250,470 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House

Bidder registration required, register here: www.portfolioauctions.com.au

Please contact the exclusively appointed sales team for more information

*Approx