100% leased to Vet Practice on a 3,377m2 Block
47 Jerrabomberra Ave, NARRABUNDAH ACT 2604
47 Jerrabomberra Avenue Narrabundah is a well known and purpose built Veterinary facility, housing the Inner South Veterinary Centre.
The block itself Is approximately 3,777m2 and the buildings on the site are approximately 498m2 in size, including the original Veterinary practice building and a care takers home that has been converted into animal care.
The whole site is leased to Vet Partners on a 5 year lease, ending December 2022, with 3 x 5 year options. They currently pay $130,632 Plus GST per annum. Which after outgoings provides an annual net rent of approximately $106,000.
The property sits in a CZ6 Leisure and Accommodation zone and the Crown Lease allows for Veterinary Hospital.
The combined attributes of land size, location and tenant make this a unmissable opportunity for the astute investor.
The property is being sold by Auction:
* Date – Thursday 22 July 2021
* Time – Auction to commence at 12 noon, Registrations from 11:30am
* Location – to be held on site at 47 Jerrabomberra Ave Narrabundah
For more information or to arrange an inspection, please contact:
Andrew Smith 0409 600 471