Brand New State-Of-The-Art Vet Clinic | 10 Year Net Lease To Proven Operator
Description
Burgess Rawson are delighted to present to the market the Berwick Clyde Vet at 3/121 Grices Road, Clyde North (Berwick) VIC for sale by Investment Portfolio Auction 165.
This investment has the following highlights:
+ Long 10-year lease to May 2033 plus options to 2053.
+ Brand new 294sqm* state-of-the-art vet clinic, comprising surgery, X-ray, nursery station, lab, dog/cat ward, treatment, consulting, office rooms and more.
+ Berwick Clyde Vet: successful vet practice providing an entire range of veterinary services with a sister location in Lynbrook.
+ Annual fixed 3% rent increases, assuring rental growth.
+ Landlord favourable net lease terms with the tenant paying all usual outgoings.
+ Single tenant minimum management investment.
+ Prime position adjoining Snap Fitness and complimented by surrounding users Splash’s Swim School, Aspire Childcare Centre, café’s, restaurants and more.
+ Recent construction providing major tax depreciation benefits.
+ Significant household pet count within the City of Casey, with 37,136 registered pets and counting.**
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.****
+ Net Income: $132,300 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
Crown Casino, River Rooms – Melbourne
For more information, please contact the exclusive selling agents below.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*Approx
**data.casey.vic.au
***health.gov.au
****forecast.id
Do you own a similar property?
Enquire
Contact agents
Shaun Venables Partner
0411 860 865Justin Kramersh Senior Sales Associate
0460 349 605Romanor Falconer Sales Executive
0413 830 808David Napoleone Senior Sales Executive
0417 308 067Enquiry Form
Clyde North, VIC
3/ 121 Grices Road
- Sold Price: Contact Agent
This property was sold as part of Portfolio 165
Contact agents
-
Shaun Venables Partner
0411 860 865 -
Justin Kramersh Senior Sales Associate
0460 349 605 -
Romanor Falconer Sales Executive
0413 830 808 -
David Napoleone Senior Sales Executive
0417 308 067