424 Crown Street, West Wollongong, NSW 2500

Medical/Consulting
|Retail
|Offices
Contact Agent
Published on: 13 Nov 2024
Last updated on: 26 Nov 2024
424 Crown Street, West Wollongong, NSW 2500
424 Crown Street, West Wollongong, NSW 2500
424 Crown Street, West Wollongong, NSW 2500
+6
424 Crown Street, West Wollongong, NSW 2500
  • 6
Property ID: 504736476
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Key property information

Land Size
614.00 m2
Floor Area
1.00 m2
Tenure Type
tenanted

Veterinary Giant Tenant Investment | Prime Corner Landholding

424 Crown Street, West Wollongong, NSW 2500
Burgess Rawson are pleased to offer to the market Greencross Vets at 424 Crown Street, West Wollongong NSW for sale via Auction.

This opportunity has the following key highlights:

+ Proven long established veterinary location
+ 5 year net lease to 2027 
+ Greencross Vets: Australia’s largest veterinary provider with a network of 170+ locations nationally and backed by Nasdaq-listed TPG Group^
+ TPG Group (NASDAQ: TPG): established in 1992, TPG is a leading global alternative asset manager with $229 billion in assets under management which includes 300+ companies and 1,800+ staff globally^^
+ Wollongong: NSW’s third largest City, expanding coastal catchment population of 220,000+ residents^^^
+ High profile 614sqm Princes Highway corner landholding
+ Substantial veterinary building plus valuable on-site car parking
+ Attractive annual CPI rent reviews
+ Net lease, tenant pays outgoings, as per the lease
+ Easily managed premium tenant investment
+ Net Income: $120,239 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 10 December 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information

^greencrossvets.com.au
^^ tpg.com
^^^ Forecast.id
*Approx

Property Details

Basic Info

Property Type
Medical/ConsultingRetailOffices
Listing Status
On Market
Land Size
614.00 m2
Address
424 Crown Street, West Wollongong, NSW 2500
Rhys Parker
Rhys Parker
Kieran Bourke
Kieran Bourke
John Ingui
John Ingui
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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Contact Agent

Email enquiry to Burgess Rawson - Sydney

Rhys Parker
Rhys Parker
Kieran Bourke
Kieran Bourke
John Ingui
John Ingui
Level 11.02, 9 Castlereagh Street, Sydney, NSW 2000
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      Property ID: 504736476

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