Freestanding Large Format Retail Investment Renewed Leases to National Tenants Petbarn & Tackle World
104 Clinton Street, Goulburn NSW 2580
Auction 15/05/24
RetailSize: n/a
Block size: 3354 m² approx.
Burgess Rawson is pleased to offer to the market Petbarn & Tackle World, 104 Clinton Street, Goulburn NSW for sale via our Investment Auction Portfolio 168.
This investment has the following key investment highlights:
+ Renewed 5 year net lease to Petbarn to 2028 plus options to 2038 + Petbarn: national network of 140+ sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australian Super and Ontario Pension Plan + Lease guaranteed by Greencross Limited, Australia's largest vet services business with over 160 clinics + Renewed 5 year net lease to Tackle World to 2028 plus options to 2038 + Tackle World: strong national network of over 46+ stores and a long 30+ year history. + Favourable CPI annual rental reviews + Landlord friendly net leases with the tenants paying for all outgoings (as per the leases) + High profile 3,354sqm* main road landholding improved by an expansive 2,100sqm* building comprised of a modern tilt-panel LFR showroom + Strategic CBD retail position near 7-Eleven, ALDI, Woolworths, Goulburn Marketplace Shopping Mall, and Goulburn Train Station + Goulburn: current population of 34,000+ with a GRP of $1.84 billion, a key NSW inland city connecting Sydney and Canberra + Net Income: $250,470 pa* + GST
To be sold by Investment Portfolio Auction 10:30am AEST Wednesday 15 May 2024 Yallamundi Rooms, Sydney Opera House
Please contact the exclusively appointed sales team for more information
*Approx
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