424 Crown Street,
West Wollongong, NSW 2500
Medical & Consulting • Shops & Retail • Offices
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Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh StreetSYDNEY, NSW 2000
424 Crown Street
West Wollongong, NSW 2500
Map of 424 Crown Street
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: 11 Dec 2024
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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