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Multi-National Veterinary Clinic Operator – Essential Service Investment

2 Wanganui Road , Shepparton VIC

Property Highlights

5 yr lease to 2025 plus option to 2030
Tenant pays all usual outgoings
VetPartners: 240 locations in AUS/NZ
Register to Bid

Description

+Renewed Five (5) year lease to March 2025 plus option to 2030.
+VetPartners: renowned veterinary group with 240 locations across Australia & New Zealand.
+Long established and successful clinic, in operation for over 55 years.
+Investor preferred net lease terms with tenant paying all usual outgoings as per lease agreement.
+Annual rent reviews.
+Highly sought after ‘essential service’ medical investment.
+Immaculate 914sqm clinic including pharmacy, surgery, and pathology rooms plus stables.
+Commanding 7,881sqm* corner site with huge 163 metre dual frontage.
+Prime exposure to Goulburn Valley Highway, with 17,600 vehicles passing daily.**
+Potential 50% stamp duty savings.***
+Shepparton: major regional city with a 100,000+ trade catchment.
+Net Income: $142,057pa + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 11 May 2022
Crown Casino – River Room

*Approx
**GapMaps
***Potential

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
7,881 SQM
Building Area
914 SQM

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