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Two Affordable & Established Vet Clinics - Circa 9% Yield

71 Echuca Road (Corner Knight Street), MOOROOPNA VIC, 3629

Sold

Property Sold in 71 Echuca Road (Corner Knight Street), MOOROOPNA VIC, 3629

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11312543
Status:
Sold
Price:
Price on Request
Last Updated:
26/05/2020
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Property Type

Medical/Consulting/Retail/Industrial/Warehouse
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Land Area

1396 SQM
Icon size

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
High profile corner site of 1,396 sqm with 63 metre total frontage
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: $63,937.84 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 27-29 Ross Street, Tatura VIC
https://www.realcommercial.com.au/property-medical+consulting-vic-tatura-502922054

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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