389 Poictiers Street Deniliquin NSW 2710

Burgess Rawson and Ray White Deniliquin are pleased to offer to market 'Fur Life Vet' located at 389 Poictiers Street, Deniliquin NSW for sale via Auction Investment Portfolio 173.

The property has the following key investment highlights:

+ Renewed 7-year lease to 2031 plus two (2) further five (5) year options to 2041.
+ Longstanding and highly successful veterinary clinic on-site 30+ years.
+ 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 tenant responsible for all outgoing including council rates, building insurance and single holding land tax.
+ Fixed 3.5% annual rent increases, ensuring continued income growth.
+ Prime 1,765 sqm* CBD freehold landholding.
+ Upgraded and well maintained 352sqm* single storey veterinary centre, including 2 consulting rooms, dedicated kennel and cat rooms and 18 total on-site car parks with 6 being undercover.
+ Absolute CBD location with Coles, IGA, McDonald's, Harvey Norman, Repco and Deniliquin Health Services all within 550m*. (1)
+ Deniliquin: Important Riverina service centre and capital of the Edward River Council, with a strong 12,000 trade catchment.
+ Edwards River Council: providing 4,200+ local jobs (2) and home to 7,321 total registered pets. (3)
+ Net Rent: $79,139 pa + GST.

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

*Approx
1 Gapmaps
2 Edwards River Council
3 Total Companion Animals Identified or registered by LGA (https://www.olg.nsw.gov.au/wp-content/uploads/2023/12/Total-Companion-Animals-Identified-or-Registered-by-Local-Government-Area-1.pdf)