Renewed 5 Year Head Office Lease to Greencross Vets | Located On-Site 25+ Years

224 Alderley Street, Toowoomba QLD

Property Highlights

Greencross: 170+ clinics nationally
Tenant pays 100% of outgoings
Recent capital upgrades

Description

Burgess Rawson is pleased to offer to the market 224 Alderley Street, Centenary Heights (Toowoomba) QLD for sale via our Investment Portfolio 169.

This opportunity has the following key investment highlights:

+ Recently renewed five (5) year head office net lease to June 2029 plus two (2) further five (5) year options to 2039
+ Greencross: Australia’s largest veterinary services provider operating 170+ clinics nationally
+ Tenant responsible for 100% of outgoings including land tax and management
+ Established and highly successful veterinary practice, on-site for 25+ years
+ Well-presented and maintained building with extensive recent upgrades
+ High profile 1,040sqm* corner site on busy roundabout with easy customer access and excellent on-site parking
+ Desirable CPI annual reviews
+ Single tenant minimum management investment
+ Desirable family-oriented suburb only 2km* from the heart of the Toowoomba CBD
+ Toowoomba Region: the western gateway to the $280 billion south east Queensland economy, with population forecast to exceed 204,000 people by 2041
+ QLD’s 6th largest region by population, the Toowoomba Region generates $11.63 billion in Gross Regional Product (GRP) with an estimated 90,183 jobs in the area
+ Toowoomba City: a booming growth suburb where median house prices have surged by 39%* in the past 12 months
+ Net Income: $126,000 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Thursday 27 June 2024
The Hilton, Brisbane

Bidder registration required, register at portfolioauctions.com.au

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

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
1,040 SQM
Building Area
1 SQM

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