574 - 576 South Pine Road,
Everton Park, QLD 4053
Medical & Consulting • Shops & Retail • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Brisbane
Level 12, 127 Creek StreetBRISBANE CITY, QLD 4000
574 - 576 South Pine Road
Everton Park, QLD 4053
Map of 574 - 576 South Pine Road
Entry-Level Brisbane Veterinary Investment | Leased to Global Private Equity Giant
- Leased to Aus & NZ largest vet group
- Tenant on-site for 35+ years
- Fixed 4% annual rent increases
Burgess Rawson are pleased to present to the market the Vet Centre at 574-576 South Pine Road, Everton Park QLD for sale via Investment Portfolio Auction 167.
This investment opportunity has the following key highlights:
+ 5 year lease to 2026 plus 5 year option to 2031
+ Everton Park Vet: wholly owned subsidiary of Australia and New Zealand's largest vet group, Vet Partners
+ Vet Partners: wholly owned by Luxembourg based JAB Holding Company, with $50 billion+ in managed capital (Krispy Kreme, Schweppes, Gucci, Calvin Klein and more)
+ Established and successful veterinary practice having been at this location for 35 plus years
+ Fixed 4% annual rent increases ensuring income growth
+ Tenant pays usual outgoings
+ Well-presented and maintained building with extensive recent upgrades including brand new roof (2023)
+ High profile 503sqm* corner site with 40m* combined frontage underpinned by 'District Centre' zoning
+ Single tenant minimum management investment
+ Desirable family oriented suburb only 8km* from the Brisbane CBD
+ Net Income: $84,877 pa* + GST (as at April 2024)
To be sold by Investment Portfolio Auction 167
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
This investment opportunity has the following key highlights:
+ 5 year lease to 2026 plus 5 year option to 2031
+ Everton Park Vet: wholly owned subsidiary of Australia and New Zealand's largest vet group, Vet Partners
+ Vet Partners: wholly owned by Luxembourg based JAB Holding Company, with $50 billion+ in managed capital (Krispy Kreme, Schweppes, Gucci, Calvin Klein and more)
+ Established and successful veterinary practice having been at this location for 35 plus years
+ Fixed 4% annual rent increases ensuring income growth
+ Tenant pays usual outgoings
+ Well-presented and maintained building with extensive recent upgrades including brand new roof (2023)
+ High profile 503sqm* corner site with 40m* combined frontage underpinned by 'District Centre' zoning
+ Single tenant minimum management investment
+ Desirable family oriented suburb only 8km* from the Brisbane CBD
+ Net Income: $84,877 pa* + GST (as at April 2024)
To be sold by Investment Portfolio Auction 167
10:30am AEST Thursday 28 March 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
Property ID: 504537948Last Updated: 5 Apr 2024
Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Burgess Rawson - Brisbane
Other properties you might be interested in based on the location and property type you are looking at.
