CBRE is pleased to offer to market 655 Lower North East Road, Paradise for sale via National Portfolio Auction

The investment has the following key highlights:

+ High-profile 593sqm* corner landholding improved by a well-conditioned veterinary Hospital spanning 235sqm*
+ Five (5) year net lease to Greencross Operations Pty Ltd to January 2028, plus two (2) further four (4) year options to 2036
+ Greencross Operations Pty Ltd: forms part of Greencross Pet Wellness Company, Australia’s largest pet care provider with a national network of 140+ clinics and 24 specialty and emergency hospitals
+ Landlord favourable lease terms with built-in annual CPI growth, with tenant paying all outgoings excluding state land tax
+ High-quality veterinary fit-out featuring four consulting rooms, surgery, treatment and imaging rooms, dedicated Dog and Cat wards, recovery facilities and staff amenities
+ Recently replaced air-conditioning and hot water systems, ensuring low running costs for an incoming purchaser
+ Offered with nine (9) exclusive on-site car parks, enhancing accessibility and day-to-day convenience for customers and staff
+ Paradise: High growth region with a young family demographic, supporting demand for companion animal healthcare
+ Lower North East Road: major arterial Road within Adelaide’s North-East, with exposure to 227,500 + vehicles passing weekly*
+ Zero stamp duty payable on commercial transactions in South Australia
+ Net Income: $84,604 pa* + GST (as at December 2026)

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.

*Approximately
RLA208125