UNDER CONTRACT

SOLD

1 Brewer Place

Mirrabooka WA 6061

Healthcare

FOR SALE

240m2

NEW FIVE YEAR LEASE – HIGH CALIBRE TENANT
VETERINARY USE APPROVED – SOLID INVESTMENT RETURNS

Property Features:
> Land Area: 369sqm
> Building Area: 240 sqm*
> Rear area of 129sqm* for parking / yard or other use
> Abundance of street parking available on Brewer Place
> Experience & professional Vet Hospital Operator
> Council advised approved use as ‘Veterinary Services’
> Freshly Painted building
> Close to Reid Hwy
> Located opposite Mirrabooka Sq. Shopping Centre
- Coles & Woolworth's
- Big W, Kmart & Lowe’s
- Food Court plus multiple other fast food outlets
- Australia Post
- Banking facilities
> Solid returns offered

LEASED INVESTMENT WITH HIGH CALIBRE TENANT
BALANCE OF 4 ½ YEARS ON LEASE
VETERINARY USE
SOLID RETURNS ON INVESTMENT

Lease Details:
Lessee:
Pets and Vets Partners Pty Ltd
Part of the Rick Fenny Group Operates 12 Veterinary Hospitals throughout WA.
http://petsandvetswa.com.au/
http://rickfennygroup.com/vet/

Term: 5 years

Option: 5 years plus 5 Years

Commencement: 1 July 2015

Rent: $96,000 p.a. plus GST

Outgoings: Paid by the Lessee

Bank Guarantee: $32,000

Personal Guarantors: Yes, Directors Guarantees

Rent Reviews:
Annually to CPI
Market Review at Option

OFFERS FROM $1,200,000 (Sold Going Concern for GST Purposes)

For more information or to arrange a viewing please contact the sales agent.