Burgess Rawson and Weda Property are pleased to present to market the Essendon Veterinary clinic at 89 Buckley Street, Essendon VIC for sale via Investment Portfolio Auction 169 on Wednesday the 26th of June located at Crown Casino, Melbourne.

The Investment Highlights:
+ Renewed 5 year lease to VetPartners to 2029 plus options.
+ Essendon Veterinary Clinic: Longstanding clinic for 50+ years and refurbished in 2022.
+ VetPartners: Australia & NZ leading vet network, 270+ practices and specialty hospitals, wholly owned by global investment firm EQT.
+ EQT: Est. 1994, Swedish based private investment firm. with over $227 billion in assets under management.
+ Prime 374sqm* site boasting a high-exposed 12.5m* frontage to Buckley Street with 8,800 vehicles passing daily and only 60m* from Mt Alexander Road with 24,000 vehicles passing daily.
+ Well presented 200sqm* building with 4 car spaces on-title.
+ Tenant pays all usual outgoings
+ Fixed 3% annual rent increases, ensuring future rental growth.
+ Strategic position, within meters from Essendon Railway Station and the ‘high end’ Rose Street shopping strip comprising Gazman, FoodWorks and more.
+ Only 950m* from Moonee Ponds Central, anchored by Coles and Kmart with 60+ additional retailers and 4.7 million annual customer visits. (3)
+ Essendon: affluent metro Melbourne location, only 7kms from the CBD, with a median house price of $1,710,000. (2)
+ Net Income: $68,958.96 pa* + GST.

To be sold via Investment Portfolio Auction 169,
10:30am (AEST) Wednesday, 26th June,
Conference Hall, Crown Casino, Melbourne VIC.

*Approx
(1) GapMaps
(2) Realestate.com.au
(3) Mirvac