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60 Philip Street, SUN VALLEY, QLD, 4680
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60 Philip Street, SUN VALLEY, QLD, 4680

2. Property Highlights

Entry Level Vet Investment
  • 5 Year lease with options to 2041
  • Fixed annual increases assuring growth
  • Tenant pays outgoings as per lease

+ 5 year lease to September 2026

+ 3 x 5 year options through to 2041

+ Favourable net lease structure, with tenant paying 100% of outgoings as per lease, excluding land tax

+ Annual uncapped CPI rental adjustments

+ Large 817sqm site on major arterial road, adjacent to a busy service station and supermarket

+ One of only 2 vets in Gladstone servicing a population of circa 63,000

+ The current vets have been occupation and practicing for over 20 years

+ Located at the intersection of Philip Street and Glenlyon Road, which is exposed to over 10,000 vehicles daily

+ Vets Central – One of Australia’s leading vet partners, providing support to deliver world class veterinary services

+ Gladstone – Major Central Queensland city with a population of over 63,000 and forecast to grow to over 75,000 by 2041

+ Net Income $50,225 pa + GST + Outgoings

Remember to mention you found this property on CommercialReady.com.au

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Craig Chapman
Craig Chapman
+61 *** *** *** show +61 427 110 132

3. Property Location

60 Philip Street, SUN VALLEY, QLD, 4680

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4. Due Diligence

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60 Philip Street, SUN VALLEY, QLD, 4680 Sun Valley
Burgess Rawson - Queensland
Burgess Rawson - Queensland
Level 12, 127 Creek Street, Brisbane City QLD 4000
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Craig Chapman
Craig Chapman
+61 *** *** *** show +61 427 110 132
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