Renewed 5 Year Lease - Rare Bayside Vet Investment

Description

+ Renewed 5 year lease to 2024 plus options to 2034
+ Rye Veterinary Clinic: Trusted clinic, in operation since 1987
+ Tenant pays all usual outgoings as per lease agreement
+ Annual CPI rent adjustments
+ Pristine 123 sqm veterinary clinic with capital intensive fit-out
+ 1 car park on-title accessed via public car park to rear
+ Essential, non-discretionary investment
+ Prime beachfront position nearby Woolworths and BP – directly across from Rye foreshore campground
+ Direct access to 67 public car parks to the immediate rear
+ Rye: High end holiday destination with 1.57 million+ visitors annually
+ Estimated NET Income: $59,555pa + GST

Auction 10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne

To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.

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Contact agents
Jamie Perlinger Head of Agency | Partner
0413 860 315
Beau Coulter Partner
0413 839 898
Enquiry Form

Rye, VIC

2261 Point Nepean Road (Nepean Highway)

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 137

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