Attn: $835K Investors | Brand New 10 Year Lease to ASX Listed Veterinary Services Provider
Description
CBRE is pleased to offer to market Apiam Animal Health Port Fairy 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 1985).
+ 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.
+ Well-maintained 180sqm* clinic with reception, pathology and surgery facilities, office amenities and 5 on-site car spaces.
+ Strategic 835sqm* highway freehold landholding with 20.76m* frontage and exposure to 7,500+ passing vehicles daily via Princes Highway. (2)
+ High-demand veterinary catchment with 3,700+ registered pets in the Moyne Shire. (3)
+ Central Port Fairy CBD location with the region’s main supermarket and public health service (trading for 160+ years) both with 900m.*
+ Port Fairy: charming, affluent seaside municipality located along the western end of Victoria’s iconic Great Ocean Road with a median house price of $857,500. (4)
+ Moyne Shire: home to 17,717 people, Moyne LGA supports 6,950 jobs and has an annual economic output of $3.671 billion. (5)
+ Potential 50% stamp duty savings.
+ Net Income: $50,100 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 Moyne Shire
4 realestate.com.au
5 REMPlan
Enquire
Contact agents
Sam Mercuri Senior Negotiator
0413 830 709
Rick Jacobson Senior Negotiator
0413 830 083Enquiry Form
Port Fairy, VIC
92 Princes Highway
For Sale by Portfolio Auction
This property is part of Portfolio 182
Price: Contact Agent
Contact agents
-
Sam Mercuri Senior Negotiator
0413 830 709 -
Rick Jacobson Senior Negotiator
0413 830 083