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  • Unit 5/175 Lake Road, Port Macquarie, NSW 2444

Unit 5/175 Lake Road, Port Macquarie, NSW 2444

  • Floor Area:
    345sqm
    Warehouse Area:
    245sqm
    Land Area:
    397sqm
    Office Area:
    200 sqm
    • For Sale

      $980,000 ex GST

      Main road commercial investment property

      * Greencross Vets is Australia's largest provider of integrated veterinary services, operating a network of over 150 general practices, emergency centers, and specialist hospitals across the country. They are part of the larger Greencross Pet Wellness Company, which operates alongside retail chains like Petbarn and City Farmers.
      * Balance of 5 year lease - expires - 31.12.27 plus 3 year option
      * current rental income - $58,871.00 PA ex GST
      * Plus Tenant pays 100 % of council rates ($3,362 PA), strata Levies ($1,365 Per Qtr) and water usage (as incurred).
      * Ratable value for land tax calculation - $305,200 (The NSW general land tax threshold is $1,075,000 - no land tax payable on a single holding basis)
      * tightly held bulky good retail strip - minutes from CBD
      * Small strata complex of 6 units
      * Strata area 397 sqm which include front "grassed" area on title
      * Ground floor vet clinic area of 345 Sqm approx. plus further 200 Sqm approx. (estimated) of level 1 office
      * High exposure main road Frontage
      * Established tenant for over 20 years
      * rear access
      * Ducted air conditioning
      * Massive pylon signage
      * Easily managed single tenant strata unit
      * Call Raine & Horne Port Macquarie
      Shop 1, 136 William Street, Port Macquarie NSW 2444
      T : 02 6584 0544
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      avatar Luke Horton
      Luke Horton
      Business Owner - Sales, Leasing & Management

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L41032977
      • Property Type:Showrooms/Bulky
      • Building / Floor Area:345 sqm
      • Land Area:397 sqm