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89 Buckley Street
Moonee Ponds VIC 3039
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Sold on 27 Jun 2024

89 Buckley Street Moonee Ponds VIC 3039

  • Medical / Consulting
  • 200 m²
  • Sold

Renewed Lease to Vet Partners to 2029 | Longstanding Clinic Refurbished in 2022

    Burgess Rawson and Weda Property are pleased to present to market the Essendon Veterinary clinic at 89 Buckley Street, Essendon VIC for sale via Investment Portfolio Auction 169 on Wednesday the 26th of June located at Crown Casino, Melbourne.

    The Investment Highlights:
    + Renewed 5 year lease to VetPartners to 2029 plus options.
    + Essendon Veterinary Clinic: Longstanding clinic for 50+ years and refurbished in 2022.
    + VetPartners: Australia & NZ leading vet network, 270+ practices and specialty hospitals, wholly owned by global investment firm EQT.
    + EQT: Est. 1994, Swedish based private investment firm. with over $227 billion in assets under management.
    + Prime 374sqm* site boasting a high-exposed 12.5m* frontage to Buckley Street with 8,800 vehicles passing daily and only 60m* from Mt Alexander Road with 24,000 vehicles passing daily.
    + Well presented 200sqm* building with 4 car spaces on-title.
    + Tenant pays all usual outgoings
    + Fixed 3% annual rent increases, ensuring future rental growth.
    + Strategic position, within meters from Essendon Railway Station and the 'high end' Rose Street shopping strip comprising Gazman, FoodWorks and more.
    + Only 950m* from Moonee Ponds Central, anchored by Coles and Kmart with 60+ additional retailers and 4.7 million annual customer visits. (3)
    + Essendon: affluent metro Melbourne location, only 7kms from the CBD, with a median house price of $1,710,000. (2)
    + Net Income: $68,958.96 pa* + GST.

    To be sold via Investment Portfolio Auction 169,
    10:30am (AEST) Wednesday, 26th June,
    Conference Hall, Crown Casino, Melbourne VIC.

    *Approx
    (1) GapMaps
    (2) ***
    (3) Mirvac

    AUCTION

    Auction date and time26/06/2024 10:30
    Auction locationCrown Casino - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area200 m²
    Land Area374 m²
    ParkingAsk Agent
    Property ID2019278415
    Category
    Last updated  27 Jun 2024
    Map for 89 Buckley Street Moonee Ponds VIC 3039
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold27 Jun 2024
    Floor Area200 m²
    Land Area374 m²
    ParkingAsk Agent
    Property ID2019278415
    Category
    Last updated  27 Jun 2024

    Co-Agents

    Shaun Venables
    Burgess Rawson VIC Pty Ltd
    Call
    0411 860 865
    Burgess Rawson VIC Pty Ltd
    Call
    03 9613 0400
    Romanor Falconer
    Burgess Rawson VIC Pty Ltd
    Call
    0413 830 808
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304

    More about 89 Buckley Street Moonee Ponds VIC 3039

    89 Buckley Street Moonee Ponds VIC 3039 is categorized as Medical & Consulting Property. It has a floor area of 200 m² and a land area of 374 m². The listing ID for this property is 2019278415.

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