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60 Philip Street
Sun Valley QLD 4680
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Sold on 16 May 2024

60 Philip Street Sun Valley QLD 4680

  • Medical / Consulting
  • 316 m²
  • Sold

Entry Level Medical Investment Leased to National Veterinary Group | Renewed 7 Year Lease to 2031

    Burgess Rawson are pleased to present the Gladstone Veterinary Clinic located at 60 Philip Street, Sun Valley (Gladstone) QLD for sale via Investment Portfolio Auction 168.

    This opportunity has the following key investment highlights:

    + Recently renewed seven (7) year lease to September 2031
    + Two (2) further five (5) year options to 2041
    + Gladstone Veterinary Clinic: established veterinary practice with 20+ year's experience and partnered with Vets Central
    + Vet Central: Australia's only owned and operated veterinary group aligned with leading private equity firm Pemba Capital Partners
    + Landlord favourable CPI reviews with ratchet provisions, ensuring income growth
    + Tenant pays usual outgoings as per lease
    + Well-maintained 316sqm* NLA veterinary clinic fully equipped with examination rooms, diagnostic machines and a dedicated surgery area
    + Well-positioned 817qm* landholding with 7 on-site car spaces and direct frontage to Philip Street - a key roadway connecting the Dawson Highway to main arterials and exposure to over 10,000* passing vehicles daily*
    + Strategically located within close proximity of Gladstone's integral social and commercial infrastructure including Gladstone Airport (2km*) and Gladstone Centre Plaza (1.5km*), underpinned by Woolworths, Big W, Kmart, Coles and 49 specialty retailers
    + Gladstone Regional Council: strong and dynamic regional economy with a population projected to increase to 75,327 people by 2041^
    + Net Income: $61,292 pa* + GST

    For Sale by Investment Portfolio Auction
    10:30am AEST Thursday 16 May 2024
    The Hilton, Brisbane

    Bidder registration required, register at portfolioauctions.com.au

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx.
    ^ Gladstone Regional Council

    AUCTION

    Auction date and time16/05/2024 10:30
    Auction locationThe Hilton, Brisbane
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold16 May 2024
    Floor Area316 m²
    Land Area817 m²
    ParkingAsk Agent
    Property ID2019187799
    Category
    Last updated  17 May 2024
    Map for 60 Philip Street Sun Valley QLD 4680
    Burgess Rawson Queensland
    Burgess Rawson Queensland
    Level 13, 241 Adelaide Street
    Brisbane City, QLD 4000

    Property Highlights

    Date Sold16 May 2024
    Floor Area316 m²
    Land Area817 m²
    ParkingAsk Agent
    Property ID2019187799
    Category
    Last updated  17 May 2024

    Co-Agents

    Craig Chapman
    Burgess Rawson Queensland
    Call
    0427 110 132
    Michael Hooper
    Michael Hooper
    Burgess Rawson Townsville
    Call
    0488 332 682

    More about 60 Philip Street Sun Valley QLD 4680

    60 Philip Street Sun Valley QLD 4680 is categorized as Medical & Consulting Property. It has a floor area of 316 m² and a land area of 817 m². The listing ID for this property is 2019187799.

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