903 Princes Highway Engadine NSW 2233

RWC Greater Sydney South is pleased to exclusively offer for Sale 903 Princes Highway, Engadine to the market which has been the loving home of Engadine's top veterinary hospital for over 50 years.

The property is offered with a secure 5 year lease expiring 30/9/28 plus a further 5 year option, a solid net income of $113,573.90* with fixed 4% increases throughout the term with all statutory outgoings to be paid by the tenant for the duration of the lease. This strong lease is further underpinned by Vet Partners which is Australia's leading vet care operator that currently has over 310 clinics in Australia & New Zealand, ensuring you have the most solid tenanted investment available in the market.

The property occupies a large land holding of 1,315m2* with good exposure and parking available with the veterinary practise occupying approximately 200m2* which is complimented by a 3 bedroom residence as part of the improvements on the property, the residence is is rented directly through the lessee. The property is offered for sale via Expression of Interest closing Thursday 12th September 2024 at 4pm (AEST).

Key Features:
• Secure 5 year lease till Sept 2028 plus 5yr option
• Blue chip corporate tenant
• Current net rent $113,573.90* (as at 1 Oct 24)
• Significant land holding 1,315m2*

*Approximately