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116 BELAIR ROAD
Hawthorn SA 5062
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Sold on 15 Dec 2021

116 BELAIR ROAD Hawthorn SA 5062

  • Shop & Retail
  • 201 m²
  • Sold

BLUE CHIP INVESTMENT OPPORTUNITY - LONG TERM LEASE!

116 Belair Road, Hawthorn presents an exceptional Investment opportunity.

The property is currently leased to Vet Partners, who own and operate 240 practices Australia Wide. They have recently purchased the existing business to capitalise on the remarkable goodwill. They are continuing to grow and given the expanding nature of the Veterinary Industry, this represents a very low risk for prospective Investors.

• Current Rental of $85,884 Per Annum plus GST & Outgoings
• 8 years remaining on the Lease (expiring 16th December 2029)
• Two (2) renewals of Five (5) years
• Comprehensive list of Outgoings paid live - schedule can be provided.
• National Tenant (240 practices Australia Wide)
• Favorable Lease Terms
• Inflation Proof - Yearly CPI reviews with Market Reviews on renewals
• Secured by a 3 month Bank Guarantee
• Building 201 square meters - built in 2004
• 896 square meter allotment
• Paved car park 10-12 car spaces

Price Guide $1,700,000 (5% Net Yield)*

- Stamp Duty free on purchase
- May be sold GST FREE- Going Concern.

An excellent passive income opportunity.

Please Contact Gerry Petropoulos on 0419 610 812

* Approximate

Disclaimer:
RLA 134 - This advert contains information and imagery which is believed to be accurate based on Lin Andrews sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own enquiries about the validity and accuracy of this information and view the property before making any buying decisions.

Lin Andrews Real Estate Mile End
Lin Andrews Real Estate Mile End
237-239 South Road
Mile End, SA 5031

Property Highlights

Date Sold15 Dec 2021
Floor Area201 m²
Land Area896 m²
Energy0-star NABERS Energy rating
Parking10 x Onsite parkings
Property ID2017332913
Category
Last updated  29 Dec 2021
Map for 116 BELAIR ROAD Hawthorn SA 5062

Nearest transport* to 116 BELAIR ROAD Hawthorn SA 5062

Bus
Stop 11 Belair Rd - East side52 m
Stop 11 Belair Rd - West side58 m
Stop School Mitcham Girls High Seafield Av100 m
Stop School Mitcham Girls High Rugby St249 m
This data is sourced on 26/11/2024 from Department for Infrastructure and Transport, South Australia, Adelaide Metro General Transit
*Within a 4km radius
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Lin Andrews Real Estate Mile End
Lin Andrews Real Estate Mile End
237-239 South Road
Mile End, SA 5031

Property Highlights

Date Sold15 Dec 2021
Floor Area201 m²
Land Area896 m²
Energy0-star NABERS Energy rating
Parking10 x Onsite parkings
Property ID2017332913
Category
Last updated  29 Dec 2021

Listed by

Lin Andrews Real Estate Mile End
Call
08 8234 1212

More about 116 BELAIR ROAD Hawthorn SA 5062

116 Belair Road Hawthorn SA 5062 is categorized as Shop & Retail Property. It has a floor area of 201 m² and a land area of 896 m². There are 10 x onsite parkings.The listing ID for this property is 2017332913.

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