Share this property

realcommercial.com.au
Ray White - Deniliquin

Fur Life Vet, 389 Poictiers Street Deniliquin, NSW 2710

Directions

Fur Life Vet, 389 Poictiers Street,
Deniliquin, NSW 2710

Medical & Consulting • Shops & Retail • Other

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Ray White - Deniliquin
Hamish Thomson

Ray White - Deniliquin

173 Cressy Street
DENILIQUIN, NSW 2710
Ray White - Deniliquin
Fur Life Vet, 389 Poictiers Street
Deniliquin, NSW 2710

Map of Fur Life Vet, 389 Poictiers Street

Directions

Attn: 6.5-7% Buyers | Entry Level Freehold Veterinary Investment | Longstanding Vet Clinic of 30+ Years

  • Renewed 7 Year Lease to 2031
  • Fixed 3.5% Annual Rent Increases
  • Tenant pays Outgoings incl. Land Tax
Burgess Rawson and Ray White Deniliquin are pleased to offer to market ‘Fur Life Vet’ located at 389 Poictiers Street, Deniliquin NSW for sale via Auction Investment Portfolio 173.

The property has the following key investment highlights:

+ Renewed 7-year lease to 2031 plus two (2) further five (5) year options to 2041.
+ Longstanding and highly successful veterinary clinic on-site 30+ years.
+ Fur Life Vet: a wholly owned subsidiary of the ASX listed Apiam Animal Health Limited, one of Australia’s leading rural veterinary businesses with 78 sites nationally.
+ Landlord favourable net lease terms, with tenant responsible for all outgoing including council rates, building insurance and single holding land tax.
+ Fixed 3.5% annual rent increases, ensuring continued income growth.
+ Prime 1,765 sqm* CBD freehold landholding.
+ Upgraded and well maintained 352sqm* single storey veterinary centre, including 2 consulting rooms, dedicated kennel and cat rooms and 18 total on-site car parks with 6 being undercover.
+ Absolute CBD location with Coles, IGA, McDonald’s, Harvey Norman, Repco and Deniliquin Health Services all within 550m*. (1)
+ Deniliquin: Important Riverina service centre and capital of the Edward River Council, with a strong 12,000 trade catchment.
+ Edwards River Council: providing 4,200+ local jobs (2) and home to 7,321 total registered pets. (3)
+ Net Rent: $79,139 pa + GST.

For Sale by Investment Portfolio Auction
10:30am AEDT Wednesday 11 December 2024
River Room - Crown Casino, Melbourne

*Approx
1 Gapmaps
2 Edwards River Council
3 Total Companion Animals Identified or registered by LGA (https://www.olg.nsw.gov.au/wp-content/uploads/2023/12/Total-Companion-Animals-Identified-or-Registered-by-Local-Government-Area-1.pdf)

Property ID: 504732524Last Updated: 19 Dec 2024

proptrack logo
This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.
Ray White - Deniliquin
173 Cressy Street
DENILIQUIN, NSW 2710
Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

Make an enquiry

What's your enquiry about?

Enter your details