Brand New 10 Year Net Lease to Pets Domain
85 & 85A Wilson Street, Horsham VIC
Property Highlights
Description
Burgess Rawson and Wes Davidson Real Estate are pleased to offer to the market Pets Domain, 85 & 85A Wilson Street, Horsham VIC for sale via our Investment Portfolio Auction 168.
This investment has the following key highlights:
+ Brand new Ten (10) year lease to Pets Domain to 2034 plus options to 2044.
+ Pets Domain: a wholly owned subsidiary of Pet Solutions with product lines including Natures Best, plus 70 stores across AUS. (1)
+ Investor preferred net lease terms with tenant responsible for all usual outgoings as per the lease.
+ Fixed 3.5% annual rent increases, ensuring income growth.
+ Impressive 1,230sqm* building with incorporating brand new Pets Domain store and important side truck loading.
+ High profile 1,358sqm* C1Z freehold site on busy Wimmera Highway.
+ Prime CBD position amongst Horsham Plaza, ALDI, Target, Viva/OTR, EG Fuel and Supercheap Auto.
+ Potential 50% stamp duty savings.
+ Horsham: capital of North-Western Victoria midway between Melbourne and Adelaide with 55,000+ trade catchment.
+ Net Income: $123,749pa* + GST.
For Sale by Investment Portfolio Auction
10:30am AEST Tuesday 14 May 2024
River Room, Crown Casino, Melbourne
Bidder registration required, register here.
* Approx
1. Pets Domain
Property Details