2/175-177 Percy Street Portland VIC 3305

Burgess Rawson is pleased to offer to market Pets Domain, Portland VIC for sale via our Investment Portfolio Auction 176.

This investment has the following key highlights:

+ Brand new Five (5) year lease to Pets Domain to 2029 plus options to 2039.
+ Pets Domain: wholly owned subsidiary of Pet Solutions with 70+ stores across Australia. (1)
+ Favourable annual CPI reviews.
+ Brand new 598sqm* retail showroom with important front loading via Percy Street.
+ Immaculate 2024 construction providing maximum depreciation benefits.
+ Important direct access to 12 shared sealed and lined car spaces.
+ High profile Percy Street location, Portland's premier retail strip and thoroughfare.
+ Wiithin 200m* of McDonald's, KFC, Mitre 10, Reece Plumbing, Repco, Tyrepower & Burson Autoparts and more.
+ Port of Portland is Victoria's only natural deep-water port, supporting 45% of VIC's dry bulk cargo. (2)
+ Portland: administrative hub of Glenelg Shire with annual GRP of $1.16B*, up a significant 5% since 2021. (3)
+ Potential 50% stamp duty saving.
+ Net Income: $119,100pa* + GST.

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 14 May 2025
River Room, Crown Casino, Melbourne

* Approx
1. Pets Domain
2. Port of Portland
3. .id