Sold
Charles L. King & Co. First National are pleased to offer to market 'Fur Life Vet' located at 332 High Street Echuca for sale via Auction.The property has the following key investment highlights: + Renewed 10-year lease to 2034 plus two (2) further five (5) year options to 2044. + Long established and thriving veterinary practice on-site 18+ years, demonstrating a strong commitment to the location and successful business operations. + 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 Fur Life Vet responsible for all outgoings including council rates, building insurance and single holding land tax. + Fixed 3.5% annual rent increases, ensuring continued income growth. + Well-maintained 333sqm* clinic with reception, impressive radiology and surgery facilities, office amenities and 8 on-site car spaces with an additional 8 street car spaces. + High profile 1,101 sqm* corner highway site with 17,600+ vehicles passing daily. (1) + Located only 200 metres* from Echuca Regional Health, the municipalities main hospital currently undergoing $15.3 million+ upgrade. (2) + Absolute CBD location with Bunnings, BCF, Big W, Coles & Woolworths all within 725m*. + Echuca: popular Murray River tourist location with a trade catchment of circa 60,000* people plus year-round holiday influx. + Campaspe Shire Council: supports 17,000+ jobs (3) and home to 9,993 registered pets. (4) + Potential 50% stamp duty savings. In conjuntion with Burgess Rawson
332 High Street
Echuca
Floor 333m² 
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Sold
Key Features Attractive 7.7 Year WALE Substantial 3,995 sqm corner site Annual CPI & 3% Fixed Increases Charles L King & Co with Burgess Rawson are pleased to offer to the market 212-218 Ogilvie Avenue, Echuca for sale by Auction - Renewed 10 Year leases to longstanding and proven Medical group & pharmacy. - Rich River Health Group: a highly reputable and accredited general practice which ensures quality health practices, est. 1999 - Chemsave Pharmacy : National pharmacy providing a range of trusted brands. - Landlord favourable net lease terms, with the tenants responsible for all usual outgoings as per lease. - Expansive 3,995sqm* corner site an abundance of car spaces, metres away from the Echuca Hospital - Prime position with 123 metres of exposure and frontage to Ogilvie Avenue, servicing 23,000+ vehicles daily. - Desirable annual CPI reviews and fixed 3% rent increases. - Impressive 1,202*sqm integrated medical centre & pharmacy, plus two x 2 bedroom dwellings. - Strategic location only 250* meters away from the Echuca Regional Hospital, with recent $66mil+ redevelopment. - Surrounded by other high performing tenants such as KFC, IGA, Harvey Norman, Shell, Ambulance Victoria and BCF. - Extremely popular holiday destination that receives a large influx of traffic during school holiday periods. - Echuca: trade catchment of circa 50,000 people plus a popular holiday destination that receives a large influx of traffic during school holiday periods. - Potential stamp duty savings. - Estimated Net Income: $435,208 pa + GST. Information Memorandum and Contracts of sale available upon request. Auction - Crown Casino Melbourne Wednesday June 26th At 10:30 AM Inspection and further details contact Gary Wood 0408505733
212-218 Ogilvie Avenue
Echuca
Floor 1,202m² 
Contact Agent