Commercial Ready Logo
Watch Watch
Your home of Commercial Ready videos
Watch Watch
Search
All Videos
Search
Grid
Back
Sold Check
Go to Home
Properties / Sold / South Australia / Westbourne Park
Save
Share
Sold

421-423 Goodwood Road, Westbourne Park, SA, 5041

+16 Photos
/
Images
Close

421-423 Goodwood Road, Westbourne Park, SA, 5041

Westbourne Park

421-423 Goodwood Road, Westbourne Park, SA, 5041
×
Sold Check
+18 Photos
/

421-423 Goodwood Road, Westbourne Park, SA, 5041

Westbourne Park

SOLD
421-423 Goodwood Road, Westbourne Park, SA, 5041
Properties / Sold / South Australia / Westbourne Park
Tenanted Investment
Selling Method
Auction
Selling Details
Price on Request
Land Area
2,977 m² (*approx)
Floor Area
1161 m² (*approx)
Property Type
Retail, Health/Medical, Other
Sub-type
Vets, Mixed Use
Terms
10 year Lease to September 2029 plus options to 2039
Est. Income
$355,082 p/a
Fully Leased
AdelaideVet
Show All
Inner City Adelaide Veterinary Investment Leased to Global Private Equity Giant
  • 10 Year lease to 2029 Plus Options
  • Leased to Subsidiary of JAB Holding Co
  • Inner City Freehold Landholding

Burgess Rawson and CBRE Adelaide are pleased to offer to the market the AdelaideVet freehold interest for sale via Burgess Rawson Investment Portfolio 162.

+ 10 year Lease to September 2029 plus options to 2039.

+ AdelaideVet: wholly owned subsidiary of Australia and New Zealand?s largest vet group, Vet Partners.

+ Vet Partners: Wholly owned by Luxembourg based JAB Holding Company, with $50billion+ in managed capital (Krispy Kreme, Schweppes, Gucci, Calvin Klein and more).

+ Fixed 3% annual rent increases ensuring income growth.

+ Tenant pays usual outgoings including management fees (excl land tax).

+ Well presented and maintained 1,161sqm building extensively repurposed in 2019 for AdelaideVet.

+ Substantial 2,977sqm freehold landholding with 29 sealed and lined car spaces on title.

+ Single tenant minimum management investment.

+ Affluent inner city suburb of Adelaide only 4kms from the CBD.

+ Net income: $344,082 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 2 August 2023

Crown Casino, River Room.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

421-423 Goodwood Road Investment Summary

Property Type
Retail, Health/Medical, Other
Sub-type
Vets, Mixed Use
Est. Income
$355,082 p/a
Tenant
AdelaideVet
Terms
10 year Lease to September 2029 plus options to 2039
Land Area
2,977 m² (*approx)
Floor Area
1161 m² (*approx)
Selling Method
Auction
Auction Date
2 Aug 2023 10:30AM
Add to calendar
Selling Details
Price on Request

Investment Highlights

Inner City Adelaide Veterinary Investment Leased to Global Private Equity Giant
  • 10 Year lease to 2029 Plus Options
  • Leased to Subsidiary of JAB Holding Co
  • Inner City Freehold Landholding

Burgess Rawson and CBRE Adelaide are pleased to offer to the market the AdelaideVet freehold interest for sale via Burgess Rawson Investment Portfolio 162.

+ 10 year Lease to September 2029 plus options to 2039.

+ AdelaideVet: wholly owned subsidiary of Australia and New Zealand?s largest vet group, Vet Partners.

+ Vet Partners: Wholly owned by Luxembourg based JAB Holding Company, with $50billion+ in managed capital (Krispy Kreme, Schweppes, Gucci, Calvin Klein and more).

+ Fixed 3% annual rent increases ensuring income growth.

+ Tenant pays usual outgoings including management fees (excl land tax).

+ Well presented and maintained 1,161sqm building extensively repurposed in 2019 for AdelaideVet.

+ Substantial 2,977sqm freehold landholding with 29 sealed and lined car spaces on title.

+ Single tenant minimum management investment.

+ Affluent inner city suburb of Adelaide only 4kms from the CBD.

+ Net income: $344,082 pa + GST.

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 2 August 2023

Crown Casino, River Room.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Ned Looker
Ned Looker
+61 *** *** *** show +61 448 689 573

Download Development Site Report
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
Ned Looker
Ned Looker
+61 *** *** *** show +61 448 689 573

Property Location of 421-423 Goodwood Road, Westbourne Park, SA, 5041

One moment please.

Retrieving map...

Westbourne Park Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

Powered by DistrictData

View Full Report – Dataroom

One moment please.

Retrieving suburb data...

+ More nearby suburbs – View dataroom

Finance Calculator

421-423 Goodwood Road, Westbourne Park, SA, 5041

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: south australia
Indicative rate for south australia. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO south australia for the latest rules and any concessions that may reduce this figure.
in full report
421-423 Goodwood Road, Westbourne Park, SA, 5041 Westbourne Park
CBRE - VIC
CBRE - VIC
Level 34, 8 Exhibition Street, Melbourne VIC 3000
View Agency Profile
Beau Coulter
Beau Coulter
+61 *** *** *** show +61 413 839 898
Shaun Venables
Shaun Venables
+61 *** *** *** show +61 411 860 865
CBRE - South Australia
CBRE - South Australia
Level 20, 83 Pirie St, Adelaide SA 5000
View Agency Profile
Ned Looker
Ned Looker
+61 *** *** *** show +61 448 689 573
calculator-icon Yield Calculator
calculator-icon Yield Calculator
calculator-icon
income-icon clear-icon
income-icon clear-icon
income-icon