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424 Crown Street
West Wollongong NSW 2500
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Sold on 10 Dec 2024

424 Crown Street West Wollongong NSW 2500

  • Medical / Consulting
  • 1 m²
  • Sold

Veterinary Giant Tenant Investment | Prime Corner Landholding

    Burgess Rawson are pleased to offer to the market Greencross Vets at 424 Crown Street, West Wollongong NSW for sale via Auction.

    This opportunity has the following key highlights:

    + Proven long established veterinary location
    + 5 year net lease to 2027
    + Greencross Vets: Australia's largest veterinary provider with a network of 170+ locations nationally and backed by Nasdaq-listed TPG Group^
    + TPG Group (NASDAQ: TPG): established in 1992, TPG is a leading global alternative asset manager with $229 billion in assets under management which includes 300+ companies and 1,800+ staff globally^^
    + Wollongong: NSW's third largest City, expanding coastal catchment population of 220,000+ residents^^^
    + High profile 614sqm Princes Highway corner landholding
    + Substantial veterinary building plus valuable on-site car parking
    + Attractive annual CPI rent reviews
    + Net lease, tenant pays outgoings, as per the lease
    + Easily managed premium tenant investment
    + Net Income: $120,239 pa* + GST

    To be sold by Investment Portfolio Auction
    10:30am AEDT Tuesday 10 December 2024
    Yallamundi Rooms, Sydney Opera House

    Please contact the exclusively appointed sales team for more information

    ^greencrossvets.com.au
    ^^ tpg.com
    ^^^ Forecast.id
    *Approx

    AUCTION

    Auction date and time10/12/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House

    Property Highlights

    Date Sold10 Dec 2024
    Floor Area1 m²
    Land Area614 m²
    ParkingAsk Agent
    Property ID2019634773
    Category
    Last updated  11 Dec 2024
    Map for 424 Crown Street West Wollongong NSW 2500

    Nearest transport* to 424 Crown Street West Wollongong NSW 2500

    Bus
    Train
    Tram
    Ferry
    Crown St opp Gilmore St87 m
    Crown St after Gilmore St115 m
    Crown St opp Fisher St126 m
    Crown St at Fisher St129 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Property Highlights

    Date Sold10 Dec 2024
    Floor Area1 m²
    Land Area614 m²
    ParkingAsk Agent
    Property ID2019634773
    Category
    Last updated  11 Dec 2024

    Co-Agents

    Rhys Parker
    Burgess Rawson Sydney
    Call
    0451 101 042
    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007
    John Ingui
    Burgess Rawson Sydney
    Call
    0486 011 406

    More about 424 Crown Street West Wollongong NSW 2500

    424 Crown Street West Wollongong NSW 2500 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 614 m². The listing ID for this property is 2019634773.

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