424 Crown Street,
West Wollongong, NSW 2500
Medical & Consulting • Shops & Retail • Offices
Price information
Sale - Auction Mon 9 Dec
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$120,239
Number of Tenants
1 Tenant
Tenants / Type
Greencross Vets
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
424 Crown Street
West Wollongong, NSW 2500
Map of 424 Crown Street
Train stations within 5 km of 424 Crown Street, West Wollongong, NSW 2500 Distance Wollongong Station 1.3 km Coniston Railway Station 1.7 km North Wollongong Station 2.1 km Illawarra Live Steamers 2.6 km Lysaghts Station 3.3 km POWERED BY HERE ©Bus stops within 5 km of 424 Crown Street, West Wollongong, NSW 2500 Distance Crown St Opp Gilmore St 102 m Crown St After Gilmore St 115 m Crown St at Fisher St 125 m Crown St Opp Fisher St 141 m Crown St at Rosemont St 255 m POWERED BY HERE ©
POWERED BY HERE ©
Veterinary Giant Tenant Investment | Prime Corner Landholding
- Australia's Largest Vet Brand
- High Profile Corner Landholding
- Landlord Friendly Net Lease
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
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
Property ID: 504736476Last Updated: 22 Nov 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000