New 10 Year Lease to Pets Domain to 2032 | Building Fully Refurbished in 2022
46 & 48 Nyah Road , Swan Hill VIC
Burgess Rawson is pleased to offer to market the Pets Domain located at 46 & 48 Nyah Road, Swan Hill VIC, for sale via Auction Investment Portfolio 165.
The property has the following key investment highlights:
+ Ten (10) year lease to Pets Domain to 2032 with head company guarantee.
+ Two (2) further 5 year options to 2042.
+ Pets Domain: a wholly owned subsidiary of Pet Solutions International Ltd with product lines including Natures Best, plus 66 store locations across Australia.
+ Annual rent increases to the greater of CPI or 3%, ensuring rental growth.
+ Impressive 736sqm* fully refurbished building, with new fit-out and 3 car parking spaces provided on title.
+ Prominent 969sqm* main road corner landholding fronting Nyah Road, a key commercial precinct which includes national retailers Tyre Power, Goodyear Autocare, Harvey Norman, Repco & Bunnings.
+ Conveniently located 730 metres from the Coles & Woolworths-anchored Swan Hill town centre.
+ Swan Hill: a thriving Murray River agricultural region, home to more than 21,400 residents, supporting 10,495 local jobs and generating an annual economic output of $3.2 billion+.**
+ Potential 50% stamp duty savings.
+ Net Income: $100,406* pa + GST
For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 6 December 2023
Crown Casino, Melbourne
** Swan Hill Rural City Council