Skip to main content
SearchBack to results
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.

    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

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

    More Shop & Retail for Sale in Hawthorn SA

    Sold
    116 belair road,hawthorn, SA 5062
    201 m²
    Shop & Retail
    Sold
    1a welbourne street,mitcham, SA 5062
    313 m²
    Shop & Retail
    Sold
    322 unley road,hyde park, SA 5061
    143 m²
    Shop & Retail
    Contact Agent