Rare Entry Level Essential Service Investment – Lease Extension to 2026 + Options

366 Stenner Street, Toowoomba QLD

Property Highlights

Greencross: Largest vet in Australia
Highly successful vet since 1991
Net income of $56,831 pa + GST
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Description

+ Greencross Vets: largest provider of vet services in Australia
+ Highly successful veterinary clinic for over 30 years with loyal clientele since 1991
+ New lease extension to June 2026 + options to 2036
+ Tenant pays all usual outgoings including 2% management fee
+ Strategically located 1,183sqm site adjoining thriving convenient precinct – KFC, Pizza Hut, Toowoomba Plaza (Coles, Woolworths, ALDI)
+ Investment underpinned by strong intrinsic land and building value
+ Easy customer access with excellent on-site parking
+ South after ‘Essential Service’ asset class
+ Toowoomba: Australia’s second largest inland city located 125km from Brisbane with a trade catchment of circa 170,356 residents
+ Net income of $56,831 pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Wednesday 29 September 2021
Venue: Crystalbrook Vincent Hotel, 5 Boundary Street, ‘Howard Smith Wharves’ Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical Centre
Land Size
1,183 SQM
Building Area
1,183 SQM

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