Burgess Rawson is pleased to offer to the market Kip Happy Stays, Dandenong VIC for sale via Investment Portfolio Auction 177.

The property has the following key investment highlights:

+ Long twenty (20) year triple net lease to Kip Happy Stays to 2042
+ Four (4) further ten (10) year options to 2082
+ Kip Happy Stays: established 2018, Australia’s leading pet boarding and daycare provider with 29 locations across VIC, NSW, QLD, SA, & ACT plus a strong pipeline of forecasted growth (1)
+ Fixed, compounding 3% annual rent increases ensuring continued income growth
+ Rare, landlord-favourable, triple net lease terms with the tenant responsible for 100% of outgoings including rates, insurance premiums and land tax
+ Tenant also responsible for all structural maintenance, repairs, and replacement
+ Modern and well-presented 2,000sqm* pet boarding and daycare facility, including $1,000,000+ of purpose-built kennel infrastructure
+ Irreplaceable 3,994sqm* IN2Z freehold landholding with strong underlying land value and 17 on-title car spaces
+ Strategic location just off Greens Road, a key arterial within Melbourne’s south-eastern industrial corridor, providing direct CBD access via EastLink and exposure to 29,000+ passing vehicles daily (2)
+ Prime logistics and manufacturing hub location within metres from Bunnings, Amart, Harvey Norman, ALDI Distribution Centre, Woolworths and more
+ City of Greater Dandenong: home to 167,298 residents, the municipality supports 114,506 jobs and has an annual economic output of $62 billion+ (3)
+ Net Income: $273,181 pa* + GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 26 June 2025
River Room – Crown Casino, Melbourne

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
1 Kip Happy Stays
2 GapMaps
3 REMPlan