Rye Veterinary Clinic, 2261 Point Nepean Road (Nepean Highway),
Rye, VIC 3941
Shops & Retail • Medical & Consulting • Offices
Key property information
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Rye Veterinary Clinic, 2261 Point Nepean Road (Nepean Highway)
Rye, VIC 3941
Map of Rye Veterinary Clinic, 2261 Point Nepean Road (Nepean Highway)
Renewed 5 Year Lease - Rare Bayside Vet Investment
- Tenant pays all usual outgoings
- Capital intensive tenant fit out
- Business operating 33+ years
+ Renewed 5 year lease to 2024 plus options to 2034
+ Rye Veterinary Clinic: Trusted clinic, in operation since 1987
+ Tenant pays all usual outgoings as per lease agreement
+ Annual CPI rent adjustments
+ Pristine 123 sqm veterinary clinic with capital intensive fit-out
+ 1 car park on-title accessed via public car park to rear
+ Essential, non-discretionary investment
+ Prime beachfront position nearby Woolworths and BP - directly across from Rye foreshore campground
+ Direct access to 67 public car parks to the immediate rear
+ Rye: High end holiday destination with 1.57 million+ visitors annually
+ Estimated NET Income: $59,555pa + GST
Auction 10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne
To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.
+ Rye Veterinary Clinic: Trusted clinic, in operation since 1987
+ Tenant pays all usual outgoings as per lease agreement
+ Annual CPI rent adjustments
+ Pristine 123 sqm veterinary clinic with capital intensive fit-out
+ 1 car park on-title accessed via public car park to rear
+ Essential, non-discretionary investment
+ Prime beachfront position nearby Woolworths and BP - directly across from Rye foreshore campground
+ Direct access to 67 public car parks to the immediate rear
+ Rye: High end holiday destination with 1.57 million+ visitors annually
+ Estimated NET Income: $59,555pa + GST
Auction 10.30am AEST Wednesday 24 June 2020
River Room, Crown Casino, Melbourne
To secure your place/seat at Crown, a bidder holding deposit of $1,000 will be required at least 2 days prior to the auction. If you wish to bid remotely, a holding deposit of $10,000, paid at least 2 days earlier than the 24th June, will be required to be deposited into our sales trust account. Should you be unsuccessful in securing a property, the full holding deposit will be returned within 48 hours. Please contact an agent to register.
Rye, 3941 demographic data
The median household income for Rye is $1,334, 30% lower than Greater Melbourne's household income of $1,901. Rye has an older age profile compared to the rest of Greater Melbourne (median age 51 vs 37). Property ownership data shows 39% of property owners in Rye have a mortgage.
9,438
Population
$1,334 per week
Median household income
51 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Prentice Real Estate - Sorrento / Rye2395 Point Nepean Road, Rye / 78 Ocean Beach Road
SORRENTO, VIC 3943
SORRENTO, VIC 3943
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