60 Philip Street,
Sun Valley, QLD 4680
Medical & Consulting • Offices • Other
Price information
Sale - Auction Thu 16 May
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$61,292
Number of Tenants
1 Tenant
Tenants / Type
Veterinary Clinic
Auction
Private inspections
to arrange a private inspection.
Burgess Rawson Townsville - TOWNSVILLE CITY
Ground Floor, 61-73 Sturt StreetTOWNSVILLE CITY, QLD 4810
60 Philip Street
Sun Valley, QLD 4680
Map of 60 Philip Street
Train stations within 5 km of 60 Philip Street, Sun Valley, QLD 4680 Distance Gladstone Station 3.1 km POWERED BY HERE ©Bus stops within 5 km of 60 Philip Street, Sun Valley, QLD 4680 Distance Philip Street at Archer Street 216 m Franmaur St Near Marshall Ave 372 m Franmaur St Near Douglas Ave 396 m Hibiscus Ave Near Jarrah Ct 560 m Kin Kora State School 983 m POWERED BY HERE ©
POWERED BY HERE ©
Entry Level Medical Investment Leased to National Veterinary Group | Renewed 7 Year Lease to 2031
- 2 x 5 year options to 2041
- 20+ years site occupation
- Annual CPI reviews
Burgess Rawson are pleased to present the Gladstone Veterinary Clinic located at 60 Philip Street, Sun Valley (Gladstone) QLD for sale via Investment Portfolio Auction 168.
This opportunity has the following key investment highlights:
+ Recently renewed seven (7) year lease to September 2031
+ Two (2) further five (5) year options to 2041
+ Gladstone Veterinary Clinic: established veterinary practice with 20 + year's experience and partnered with Vets Central
+ Vet Central: Australia's only owned and operated veterinary group aligned with leading private equity firm Pemba Capital Partners
+ Landlord favourable CPI reviews with ratchet provisions, ensuring income growth
+ Tenant pays usual outgoings as per lease
+ Well-maintained 316sqm* NLA veterinary clinic fully equipped with examination rooms, diagnostic machines and a dedicated surgery area
+ Well-positioned 817qm* landholding with 7 on-site car spaces and direct frontage to Philip Street - a key roadway connecting the Dawson Highway to main arterials and exposure to over 10,000* passing vehicles daily*
+ Strategically located within close proximity of Gladstone's integral social and commercial infrastructure including Gladstone Airport (2km*) and Gladstone Centre Plaza (1.5km*), underpinned by Woolworths, Big W, Kmart, Coles and 49 specialty retailers
+ Gladstone Regional Council: strong and dynamic regional economy with a population projected to increase to 75,327 people by 2041^
+ Net Income: $61,292 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^ Gladstone Regional Council
This opportunity has the following key investment highlights:
+ Recently renewed seven (7) year lease to September 2031
+ Two (2) further five (5) year options to 2041
+ Gladstone Veterinary Clinic: established veterinary practice with 20 + year's experience and partnered with Vets Central
+ Vet Central: Australia's only owned and operated veterinary group aligned with leading private equity firm Pemba Capital Partners
+ Landlord favourable CPI reviews with ratchet provisions, ensuring income growth
+ Tenant pays usual outgoings as per lease
+ Well-maintained 316sqm* NLA veterinary clinic fully equipped with examination rooms, diagnostic machines and a dedicated surgery area
+ Well-positioned 817qm* landholding with 7 on-site car spaces and direct frontage to Philip Street - a key roadway connecting the Dawson Highway to main arterials and exposure to over 10,000* passing vehicles daily*
+ Strategically located within close proximity of Gladstone's integral social and commercial infrastructure including Gladstone Airport (2km*) and Gladstone Centre Plaza (1.5km*), underpinned by Woolworths, Big W, Kmart, Coles and 49 specialty retailers
+ Gladstone Regional Council: strong and dynamic regional economy with a population projected to increase to 75,327 people by 2041^
+ Net Income: $61,292 pa* + GST
For Sale by Investment Portfolio Auction
10:30am AEST Thursday 16 May 2024
The Hilton, Brisbane
Bidder registration required, register at portfolioauctions.com.au
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approx.
^ Gladstone Regional Council
Property ID: 504569456Last Updated: 29 Apr 2024
Burgess Rawson Townsville - TOWNSVILLE CITYGround Floor, 61-73 Sturt Street
TOWNSVILLE CITY, QLD 4810
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Burgess Rawson - BrisbaneLevel 12, 127 Creek Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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