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Two Affordable & Established Vet Clinics - Circa 9% Yield

27-29 Ross Street (Corner Cussen Street), TATURA VIC, 3616

Sold

Property Sold in 27-29 Ross Street (Corner Cussen Street), TATURA VIC, 3616

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11312535
Status:
Sold
Price:
Price on Request
Last Updated:
26/05/2020
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Property Type

Medical/Consulting/Land/Development/Showrooms/Bulky Goods
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Land Area

10665 SQM
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Floor Area

1 SQM
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Parking

N/A

Two Affordable & Established Vet Clinics - Circa 9% Yield

6 year lease to December 2020 plus options to 2030
Significant corner site of 10,665 sqm – Clinic on-site since 1971
Tenant pays all usual outgoings/annual rent reviews
Greater Shepparton: Major regional city of north eastern Victoria servicing a trade catchment of 100,000+ residents – the ‘food bowl of Victoria’ and only 2 hours drive from Melbourne
National Veterinary Care: ASX Listed Company operating 60+ sites across Australia and New Zealand
Rent: $97,346 pa (as at Jan 2019 – assume 2% CPI)

Auction 11am AEST Wednesday 12 September 2018
River Room, Crown Casino, Melbourne (To be Sold Individually)

This Investment is one of two Veterinary Clinics to be offer for sale within Investment Portfolio Auction 123 – with the second located at 71 Echuca Road, Mooroopna VIC
https://www.realcommercial.com.au/property-medical+consulting-vic-shepparton-502922146

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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