Long Established Vet Clinic - Renewed Leased to VetPartners 270+ Clinics
Description
CBRE is pleased to offer to the market, VetPartners, Reservoir Vet at 226 Spring Street Reservoir VIC for sale via our Auction Investment Portfolio 185.
+ Renewed 5 year lease to August 2030 to VetPartners plus options to 2040.
+ Vet Partners: Leading Australian & NZ Vet network with 270+ practices and specialty hospitals.
+ Wholly owned by Swedish private equity group EQT (€210 billion under management) and Perpetual Limited (ASX Listed)
+ Longstanding and thriving veterinary practice in occupation for over 70 years.
+ Annual CPI rent reviews and Tenant responsible for usual outgoings (excluding land tax)
+ Prime 660 sqm main road freehold landholding with important 40.6m frontage and exposure to 15,000-25,000 passing vehicles per day along this significant north-south connector road through Reservoir.
+ Longstanding well presented 215sqm* purpose-built veterinary clinic with recent tenant upgrades.
+ 8 off-street on-title car parking spaces
+ High-demand veterinary catchment with approximately 14,862 registered cats and dogs in Darebin LGA
+ Reservoir: established and evolving ‘capital growth’ suburb 12kms from Melbourne CBD with growing population 55,000+
+ Darebin City Council: Established LGA in Melbourne’s inner north with population 160,131 expected to surge to 216,417 by 2046
+ Net income $82,765 pa* plus GST (August 2026 assuming CPI at 3.75%)
Interstate bidding available by prior arrangement.
To be auctioned as part of CBRE Investment Portfolio Auction 185
10.30am AEST Wednesday 24th June 2026
Garden Room, Crown Casino Melbourne.
For information on other investment opportunities in the campaign, please see:
http://www.investmentportfolioauction.com.au/185
Further information can be found at:
*Approx.
Enquire
Contact agents
Shaun Venables Senior Director
0411 860 865
Rachael Fabbro
+61 412 547 690Enquiry Form
Reservoir, VIC
226 Spring Street
For Sale by Portfolio Auction
This property is part of Portfolio 185
Price: Contact Agent