OUTSTANDING FREEHOLD TENANTED INVESTMENT WITH LONG STANDING VETERINARY HOSPITAL

RWC Sydney North as exclusive selling agent is pleased to present 449 - 451 Victoria Road, Gladesville for sale by public auction.

The site is occupied by long standing tenant Gladesville Veterinary Hospital, part of Vet Partners and one of the first purpose-built veterinary practices in Sydney. The premises has continued to be upgraded since the hospital's establishment on the site in 1959 and boasts state of the art facilities for both staff and patients.

This freehold property offers a rare opportunity to purchase a large 1,290 sqm* parcel of land with an expansive 20 m* frontage to Victoria Road and parking for up to 19 cars.

Consisting of a net lettable area of 875 sqm*, Gladesville Veterinary Hospital is a long-stading tenant that offers an attractive net income of $260,000 per annum + GST*, currently in the first year of their new 5 year lease with a 5 year option term.

Ideally located opposite the Gladesville Business Park and surrounded by high profile national established retailers including Bunnings Warehouse, Bob Jane T-Marts, McDonalds, Coates Hire, Inspiration Paints, Motorserve, Kennards Self Storage and more.

Property Highlights:
• Land Area: 1,290 sqm*
• Net Lettable Area: 875 sqm*
• Parking for up to 19 cars
• Net Income of $260,000 per annum+ GST*
• Tenant pays ALL Outgoings
• Long Standing Tenant Gladesville Veterinary Hospital on a new 5-year Lease + 5-year option
• Site trading as veterinary hospital for 65 years*

*all figures are approximate

For further information or to arrange an inspection please contact:
Scott Stephens | 0434 341 001
scott.stephens@raywhite.com

Logan Grisaffe | 0403 916 433
logan.grisaffe@raywhite.com

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