CBRE is pleased to offer to market Apiam Animal Health Warrnambool VIC for sale via our Investment Portfolio Auction 182.

This opportunity has the following key investment highlights:

+ Brand new Ten (10) year net lease to Apiam Animal Health to November 2035.
+ One (1) further 5 year option to 2040.
+ Apiam Animal Health: Australia’s largest rural and regional veterinary group, boasting an impressive $160M market cap and an expansive footprint of 78 locations nationwide. (1)
+ Proven and successful veterinary business with outstanding long term trading history (established 1978).
+ Fixed 3% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with Apiam responsible for all outgoings including land tax, rates & insurance premiums.
+ Immaculate 670sqm* purpose-built veterinary clinic offering a comprehensive pharmacy, modern digital radiography, ultrasound, endoscope, pathology and surgery facilities, plus a large but comfortable hospital and kennel infrastructure.
+ Prime 1,734sqm* main road freehold landholding with important 76.8m* dual frontage and exposure to 28,000+ passing vehicles daily via Raglan Parade and Banyan Street. (2)
+ Access to 25 on-title car parking spaces plus additional parking via Banyan Street.
+ High-demand veterinary catchment with 5,900+ registered pets in Warrnambool City plus a strong surrounding cattle and farm animal market. (3)
+ High profile Warrnambool CBD location with Coles, Woolworths, ALDI, Target, McDonald’s, KFC, Reece Plumbing and Repco all within 715m.*
+ Warrnambool City: home to 36,150 people, Warrnambool LGA supports 18,518 jobs and has an annual economic output of $6.013 billion. (4)
+ Potential 50% stamp duty savings.
+ Net Income: $186,000 pa* + GST.

To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
River Room – Crown Casino, Melbourne

Please contact the exclusively appointed sales team for more information.

1 Apiam Animal Health
2 GapMaps
3 Warrnambool City Council
4 REMPlan