Veterinary Giant Tenant Investment | Prime Corner Landholding
Description
Burgess Rawson are pleased to offer to the market Greencross Vets at 424 Crown Street, West Wollongong NSW for sale via Auction.
This opportunity has the following key highlights:
+ Proven long established veterinary location
+ 5 year net lease to 2027
+ Greencross Vets: Australia’s largest veterinary provider with a network of 170+ locations nationally and backed by Nasdaq-listed TPG Group^
+ TPG Group (NASDAQ: TPG): established in 1992, TPG is a leading global alternative asset manager with $229 billion in assets under management which includes 300+ companies and 1,800+ staff globally^^
+ Wollongong: NSW’s third largest City, expanding coastal catchment population of 220,000+ residents^^^
+ High profile 614sqm Princes Highway corner landholding
+ Substantial veterinary building plus valuable on-site car parking
+ Attractive annual CPI rent reviews
+ Net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $120,239 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
^greencrossvets.com.au
^^ tpg.com
^^^ Forecast.id
*Approx
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West Wollongong, NSW
424 Crown Street
For Sale by Portfolio Auction
This property is part of Portfolio 173
Price: Contact Agent
Contact agents
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Rhys Parker Partner
0451 101 042 -
Kieran Bourke Partner
0417 418 007 -
John Ingui Cadet
0486 011 406