Burgess Rawson are delighted to offer to market ‘Greencross Vets’ located at 137 Railway Place, Williamstown VIC for sale via upcoming Investment Portfolio Auction 172.

The property has the following key investment highlights:

+ Extended Twenty (20) year lease to Greencross Vets to June 2029 plus option to 2034.
+ Greencross Vets: Australia’s largest veterinary provider with a network of 170+ locations nationally, and backed by Nasdaq-listed TPG Group. (1)
+ TPG Group (NASDAQ:TPG): est. 1992, TPG is a leading global alternative asset manager with $229b in assets under management which include 300+ companies and 1,800+ staff globally. (2)
+ Recently refurbished and well-maintained 650sqm* veterinary hospital including specialised rooms for pharmacy, theatre, X-Ray, laboratory, self-serve grooming and more.
+ Key 476sqm* C1Z landholding with a prominent 31m* frontage and future development potential (STCA), situated beside two-modern 3 and 4 level mixed use/residential developments.
+ Investor preferred lease terms with Greencross Vets responsible for usual outgoings.
+ Fixed 3.5% annual rent increases, ensuring income growth.
+ Established and highly successful veterinary practice in operation 30+ years.
+ Strategic ‘tenant choice’ location, only vet site within a 2km* radius and located nearby important public infrastructure, Williamstown North Railway Station (150 metres*), Williamstown North Primary School (250 metres*), Williamstown Hospital (500 metres*), Coles and Woolworths (650 metres*).
+ Williamstown: west Melbourne’s premier bayside suburb, only 8kms* from the Melbourne CBD and home to 11,759 residents, with a median house price of $1.595 million. (3) (4)
+ Significant household pet count within the Hobsons Bay City Council with 14,172 registered pets and counting. (5)
+ Net Income: $215,798 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 30 October 2024
River Room – Crown Casino, Melbourne

Burgess Rawson
Romanor Falconer | 0413 830 808
Sam Mercuri | 0413 830 709
Shaun Venables | 0411 860 865

1 Greencross Vets
2 TPG
3 Forecast.id
4 realestate.com.au
5 Hobsons Bay City Council