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Secure 15 Year Lease to ASX Listed Subsidiary

115-117 Steele Street & William Street, DEVONPORT TAS, 7310

Sold

Property Sold in 115-117 Steele Street & William Street, DEVONPORT TAS, 7310

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11244806
Status:
Sold
Price:
Price on Request
Last Updated:
06/09/2019
Icon building

Property Type

Retail/Medical/Consulting
Icon square

Land Area

2193 SQM
Icon size

Floor Area

490 SQM
Icon parking

Parking

N/A

Secure 15 Year Lease to ASX Listed Subsidiary

Secure 15 year lease to 2030 plus options through to 2045 to NVC Operations Pty Ltd subsidiary of National Veterinary Care Ltd (NVL)
NVL: ASX listed, 45 practices across Australia plus recent acquisition of 9 practices in New Zealand
Annual rent reviews
Lessee pays all usual outgoings as per the lease
Large 2,024 sqm freehold site (plus ROW), 17 on-site car spaces
Capital intensive 490 sqm building including operating theatre, xray and pet cremation chamber
Prime ‘Fourways’ location next to KFC and opposite Hungry Jacks
Devonport: Important sea port city, Tasmania’s home of ‘Spirit of Tasmania’ ferries, trade catchment 35,000+
Rent: $64,224 pa (July 2017 - assume CPI 1.75%)

Auction 11am AEST Wednesday 28 June 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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