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Secure 15 Year Lease to ASX Listed Subsidiary

115-117 Steele Street & William Street , Devonport TAS

Property Highlights

Established Animal Hospital & Clinic
NVL: 45 Practices Nationally & growing
Large 2,537sqm site

Description

Secure 15 year lease to 2030 plus options through to 2045 to NVC Operations Pty Ltd subsidiary of National Veterinary Care Ltd (NVL)
NVL: ASX listed, 45 practices across Australia plus recent acquisition of 9 practices in New Zealand
Annual rent reviews
Lessee pays all usual outgoings as per the lease
Large 2,024 sqm freehold site (plus ROW), 17 on-site car spaces
Capital intensive 490 sqm building including operating theatre, xray and pet cremation chamber
Prime ‘Fourways’ location next to KFC and opposite Hungry Jacks
Devonport: Important sea port city, Tasmania’s home of ‘Spirit of Tasmania’ ferries, trade catchment 35,000+
Rent: $64,224 pa (July 2017 – assume CPI 1.75%)

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,193 SQM
Building Area
490 SQM

Contact Agent

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