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Burgess Rawson - Melbourne

Fur Life Vet, 332 High Street Echuca, VIC 3564

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Fur Life Vet, 332 High Street,
Echuca, VIC 3564

Medical & Consulting • Shops & Retail • Other

Price information

Sale - Auction Tue 10 Dec

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$100,000
Number of Tenants
1 Tenant
Tenants / Type
Fur Life Vet

Auction

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Burgess Rawson - Melbourne
Jamie Perlinger
Sam Mercuri

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Fur Life Vet, 332 High Street
Echuca, VIC 3564

Map of Fur Life Vet, 332 High Street

Directions
  • Train stations within 5 km of Fur Life Vet, 332 High Street, Echuca, VIC 3564Distance
    Echuca673 m
    POWERED BY HERE ©
  • Bus stops within 5 km of Fur Life Vet, 332 High Street, Echuca, VIC 3564Distance
    Echuca Regional HealthLeichardt St312 m
    Haverfield St/Leichardt St (Echuca)384 m
    Medical Centre/Hopwood St (Echuca)415 m
    Eyre StHume St534 m
    Hume St/Leichardt St (Echuca East)542 m
    POWERED BY HERE ©
POWERED BY HERE ©

Renewed 10 Year Lease to ASX Listed Apiam Animal Health Limited

  • Potential 50% stamp duty savings
  • Fixed 3.5% Annual Increases
  • Tenant pays outgoings incl. land tax
Burgess Rawson and Charles L. King & Co. First National are pleased to offer to market ‘Fur Life Vet’ located at 332 High Street, Echuca VIC for sale via Auction Investment Portfolio 173.

The property has the following key investment highlights:

+ Renewed 10-year lease to 2034 plus two (2) further five (5) year options to 2044.
+ Long established and thriving veterinary practice on-site 18+ years, demonstrating a strong commitment to the location and successful business operations.
+ 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 Fur Life Vet responsible for all outgoings including council rates, building insurance and single holding land tax.
+ Fixed 3.5% annual rent increases, ensuring continued income growth.
+ Well-maintained 333sqm* clinic with reception, impressive radiology and surgery facilities, office amenities and 8 on-site car spaces with an additional 8 street car spaces.
+ High profile 1,101 sqm* corner highway site with 17,600+ vehicles passing daily. (1)
+ Located only 200 metres* from Echuca Regional Health, the municipalities main hospital currently undergoing $15.3 million+ upgrade. (2)
+ Absolute CBD location with Bunnings, BCF, Big W, Coles & Woolworths all within 725m*.
+ Echuca: popular Murray River tourist location with a trade catchment of circa 60,000* people plus year-round holiday influx.
+ Campaspe Shire Council: supports 17,000+ jobs (3) and home to 9,993 registered pets. (4)
+ Potential 50% stamp duty savings.
+ Net Rent: $100,000 pa + GST.

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


* Approx
1 Gapmaps
2 Vic.gov.au (https://www.premier.vic.gov.au/infrastructure-funding-boost-echuca-regional-health)
3 REMplan
4 DAMP 2021-2025 Review (November 23, pg11)

Property ID: 504732616Last Updated: 9 Dec 2024

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