Freestanding Large Format Retail Investment – Renewed Leases to National Tenants Petbarn & Tackle World
Description
Burgess Rawson is pleased to offer to the market Petbarn & Tackle World, 104 Clinton Street, Goulburn NSW for sale via our Investment Auction Portfolio 168.
This investment has the following key investment highlights:
+ Renewed 5 year net lease to Petbarn to 2028 plus options to 2038
+ Petbarn: national network of 140+ sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australian Super and Ontario Pension Plan
+ Lease guaranteed by Greencross Limited, Australia’s largest vet services business with over 160 clinics
+ Renewed 5 year net lease to Tackle World to 2028 plus options to 2038
+ Tackle World: strong national network of over 46+ stores and a long 30+ year history.
+ Favourable CPI annual rental reviews
+ Landlord friendly net leases with the tenants paying for all outgoings (as per the leases)
+ High profile 3,354sqm* main road landholding improved by an expansive 2,100sqm* building comprised of a modern tilt-panel LFR showroom
+ Strategic CBD retail position near 7-Eleven, ALDI, Woolworths, Goulburn Marketplace Shopping Mall, and Goulburn Train Station
+ Goulburn: current population of 34,000+ with a GRP of $1.84 billion, a key NSW inland city connecting Sydney and Canberra
+ Net Income: $250,470 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEST Wednesday 15 May 2024
Yallamundi Rooms, Sydney Opera House
Bidder registration required, register here: www.portfolioauctions.com.au
Please contact the exclusively appointed sales team for more information
*Approx
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Contact agents
Geoff Sinclair Director
0451 462 759
Yosh Mendis Senior Director
0434 413 188
Luke Easton Negotiator
+61 472 546 001Enquiry Form
Goulburn, NSW
104 Clinton Street
- Sold Price: Contact Agent
This property was sold as part of Portfolio 168
Contact agents
-
Geoff Sinclair Director
0451 462 759 -
Yosh Mendis Senior Director
0434 413 188 -
Luke Easton Negotiator
+61 472 546 001