CBRE is pleased to offer to market Animal Emergency Centre (a wholly owned-subsidiary of Greencross) Frankston VIC for sale via our Investment Portfolio Auction 189.

This opportunity has the following key investment highlights:

+ Seven (7) year net lease to Animal Emergency Centre to February 2029.
+ One (1) further Five (5) year option to 2034.
+ Animal Emergency Centre (AEC): pet emergency and veterinary care provider servicing Melbourne’s bayside through to the Mornington Peninsula, wholly owned by Greencross Pet Wellness Company. (1)
+ Greencross: Australia’s largest pet care company, with 267 retail stores (including Petbarn, City Farmers and Animates), 140+ Greencross Vets clinics and 24 specialty and emergency animal hospitals. (2)
+ Proven and successful veterinary business with outstanding long term trading history (established 2007).
+ Landlord favourable annual CPI reviews.
+ Investor preferred net lease terms with AEC responsible for all outgoings including rates & insurance premiums.
+ Modern, well-presented 240sqm* purpose-built veterinary clinic offering 24/7 pet emergency services, equipped with radiology, theatre, treatment and kennel facilities.
+ Prime 606sqm* main road MUZ freehold landholding with 15m* frontage and 6 on-title car spaces.
+ High profile McMahons Road (Moorooduc Highway) position with exposure to more than 34,000 vehicles passing daily. (3)
+ High-demand veterinary catchment with 23,000+ registered pets in Frankston City Council region. (4)
+ Unrivalled location directly opposite Bunnings and within metres of Frankston Power Centre, a large format retail hub anchored by Spotlight, Harvey Norman, The Good Guys, and Petbarn.
+ Surrounded by important social infrastructure – 400m* from the newly redeveloped $1.1 billion Peninsula University Hospital, which opened in January 2026 which serves a patient catchment of 300,000+ people. (5)
+ Frankston: a major Melbourne gateway and growth corridor location with a $9.6 billion economy and 54,633 local jobs, and a population forecast to grow from 144,615 to 161,660 by 2041. (4)
+ Net Income: $78,709 pa* + GST (as at Feb 2027).

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 9 December 2026
Crown Casino, 8 Whiteman Street, Melbourne

Please contact the exclusively appointed sales team for more information.

1 Animal Emergency Centre
2 Greencross Pet Wellness Company
3 GapMaps
4 Frankston City Council
5 Peninsula University Hospital