Northern Suburbs Veterinary Hospital, 505 Greensborough Road, Greensborough, VIC, 3088

Jones Real Estate is pleased to present Northern Suburbs Veterinary Hospital, 505 Greensborough Road, Greensborough, For Sale via Deadline Private Sale, closing Thursday 19 November 2026 at 12:30pm (AEDT).

Occupying a prominent freestanding site along one of Melbourne's key north-eastern arterials, this established veterinary hospital offers investors secure, healthcare-aligned income from an essential-service operator with deep roots in the local community.

The tenant has operated from the premises since 1968 and recently recommitted to the site with a renewed lease, underscoring the long-term importance of the facility to its business.

Key highlights include:

- Currently returning $136,343.46 per annum + GST & Outgoings on a 5-year term from 1 July 2025, with 2 further options of 5-years and annual increases of 3.5%.

- Leased to Northern Suburbs Veterinary Hospitals Pty Ltd, trading as Greensborough Veterinary Hospital – a seven-day operator servicing the north-east since 1965 across its Greensborough and Rosanna practices.

- Substantial 1,409 sqm* landholding with an impressive 78m* frontage to Greensborough Road, delivering excellent exposure and accessibility.

- 356 sqm* freestanding veterinary facility supported by eighteen (18) on-site car spaces for clients, staff and visitors.

- Part of the VetPartners group - a leading network of more than 270 veterinary practices across Australia, New Zealand and Singapore, backed by global investment firm EQT.

- Excellent connectivity via the M80 Ring Road, Greensborough Road and Watsonia Railway Station, providing direct links between the north-east and Melbourne's CBD.

- Major infrastructure investment, including the North East Link and M80 Ring Road Completion, is set to enhance connectivity and support Greensborough's continued growth.

- Significant underlying land component, offering future repositioning or redevelopment potential (STCA).

*Approx.

For further information or to arrange an inspection, please contact the exclusive selling agents at Jones Real Estate.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

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