CBRE is pleased to offer to market Apiam Animal Health Port Fairy VIC for sale via our Investment Portfolio Auction 182.
This opportunity has the following key investment highlights:
+ Brand new Ten (10) year net lease to Apiam Animal Health to November 2035.
+ One (1) further 5 year option to 2040.
+ Apiam Animal Health: Australia’s largest rural and regional veterinary group, boasting an impressive $160M market cap and an expansive footprint of 78 locations nationwide. (1)
+ Proven and successful veterinary business with outstanding long term trading history (established 1985).
+ Fixed 3% annual rent increases, assuring income growth.
+ Investor preferred net lease terms with Apiam responsible for all outgoings including land tax, rates & insurance premiums.
+ Well-maintained 180sqm* clinic with reception, pathology and surgery facilities, office amenities and 5 on-site car spaces.
+ Strategic 835sqm* highway freehold landholding with 20.76m* frontage and exposure to 7,500+ passing vehicles daily via Princes Highway. (2)
+ High-demand veterinary catchment with 3,700+ registered pets in the Moyne Shire. (3)
+ Central Port Fairy CBD location with the region’s main supermarket and public health service (trading for 160+ years) both with 900m.*
+ Port Fairy: charming, affluent seaside municipality located along the western end of Victoria’s iconic Great Ocean Road with a median house price of $857,500. (4)
+ Moyne Shire: home to 17,717 people, Moyne LGA supports 6,950 jobs and has an annual economic output of $3.671 billion. (5)
+ Potential 50% stamp duty savings.
+ Net Income: $50,100 pa* + GST.
To be sold by Investment Portfolio Auction
10:30am AEDT Wednesday 25 February 2025
Crown Promenade, Level 1, 8 Whiteman Street, Melbourne
Please contact the exclusively appointed sales team for more information.
1 Apiam Animal Health
2 GapMaps
3 Moyne Shire
4 realestate.com.au
5 REMPlan