OUTSTANDING FREEHOLD TENANTED INVESTMENT WITH LONG STANDING VETERINARY HOSPITAL
449 - 451 Victoria Road, Gladesville NSW 2111
Last Asking Price - $5,000,000
RetailSize: n/a
Block size: 1290 m² approx.
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
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Property history
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19 Mar 2024
Sold
Ray White Lower North Shore Group
Listed: 15/02/2024
Block size: 1290m²
Transfer type: Full transfer
Gladesville suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
41 years
Population
12,867
Listing ID: 182299923. This listing has been viewed 0 times. It was first displayed on 15/02/2024 and last updated on 19/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.