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ASX Listed Veterinary Surgery | New 10 Year Lease Plus Options to 2041

2 Randall Street , Childers QLD

Property Highlights

Tenant pays all outgoings
Annual CPI rent reviews
Large 1,017sqm site
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 2 Randall Street, Childers for sale via our Auction Investment Portfolio 154.

The property has the following investment highlights:

+ 10 year lease commenced December 2021 with 2 x 5 year options to 2041
+ Apiam Animal Health: one of Australia’s leading rural veterinary businesses made up of 72 business sites with a market capitalisation rate of $115 million
+ Tenant pays all outgoings as per the lease including management fees
+ Annual CPI rent reviews
+ Land rich 1,017sqm* site
+ Childers: southern most township of the Bundaberg region, the gateway to the Southern Great Barrier Reef, only three and a half hours by car north of Brisbane
+ Net Income: $40,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 4 August 2022
The Hilton, Brisbane

Please contact the exclusively appointed Burgess Rawson team for more information.

*approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,017 SQM
Building Area
1 SQM

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