41 Gap Road, Sunbury

41 GAP ROAD SUNBURY

FOR SALE BY PUBLIC AUCTION ON TUESDAY 28TH JUNE 2022 AT 12 NOON

BRAND NEW VETERINARY CLINIC.

CONTENTS

04

INTRODUCTION

06

EXECUTIVE SUMMARY

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WHY BUY?

12

LOCATION

14

PROPERTY PARTICULARS

16

TENANCY DETAILS

20

BUILDING PARTICULARS

21

FLOOR PLAN

22

SUNBURY LINE UPGRADE

26

SALE METHOD

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INTRODUCTION Aston Commercial are pleased to offer 41 Gap Road, Sunbury For Sale by Public Auction on Tuesday 28th June 2022 at 12 noon on-site.

This is a prime opportunity to acquire a newly constructed and purpose-built Veterinary Clinic that has been operating in the area for over 50 years.

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Veterinary services are considered an essential service, with the government permitting enterprises to remain open during recent mandated COVID-19 pandemic lockdown periods showing the importance and necessity in the community.

We highly recommend this asset class to add or build your commercial property portfolio.

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EXECUTIVE SUMMARY

Located amongst the newly created Allied Health precinct of Sunbury.

A recently rebuilt freehold Veterinary Clinic.

LEASE DETAILS

LAND AREA

BUILDING AREA

ZONING

METHOD OF SALE

TERMS OF SALE

Current income of $68,000* pa + GST on a 5 year lease plus options

246 sqm*

For Sale by Public Auction on Tuesday 28th June 2022 at 12 noon on-site

826 sqm*

Commercial 2 Zone - C2Z

10% deposit with the balance payable in 60 days *approx.

EXCLUSIVE SELLING AGENTS

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Liam Rafferty

Jeremy Gruzewski

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

A SECURE LONG TERM PASSIVE INVESTMENT.

WHY BUY?

THE SUNBURY VETERINARY CLINIC HAS BEEN OPERATING SINCE 1970 LOOKING AFTER THE ANIMALS OF THE AREA AND SURROUNDS.

INCOME

A secure income of $68,000* pa to a National operator Vets Central

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GROWTH

In a rapidly growing residential corridor with a likely upswing in family pets

TENANT

An industry that survives all market conditions

BUILDING

Recently constructed purpose built facility creating depreciation benefits

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LOCATION This property is located in Sunbury approximately 39 km north-west of Melbourne’s CBD, on the fringe of the towns Commercial centre.

Located within the City of Hume this is one of Melbourne’s Residential growth corridor locations with an expected population increase of 115% forecast by 2041.

The surrounding area is well serviced by public transport with Sunbury Railway Station active on both the metro rail line and also serves the V/Line with services to Bendigo and Echuca.

Access to Melbourne Airport and the CBD is also well serviced by major arterial the Calder Freeway.

Some nearby businesses and infrastructure include:

Sunbury Square Shopping Centre Coles Woolworths Big W Target Bunnings BP Hungry Jacks Sunbury Veterinary Clinic Gap Road Medical Centre Dorevitch Pathology Gap Road Pharmacy Sunbury College Sunbury West Primary School Our Lady of Mount Carmel School St Anne’s School Salesian College Sunbury Railway Station Bus Service (Routes 481, 485)

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PROPERTY PARTICULARS

TITLE PARTICULARS The property is outlined on the Certificate of Title as follows Volume: 07130 Folio: 854 Crown Allotment 3 Section 25 on Title Plan 317560F

LAND DIMENSIONS AND AREA Gap Road Frontage

20.1 metres*

Rear Frontage

20.1 metres*

Depth

40.2 metres*

Total Land Area

808 square metres*

ZONING Under the Hume City Council Planning Scheme the land is zoned Commercial 2 – CZ2.

The land is also subject to the following overlay DDO - Design And Development Overlay Schedule 2. *Approx.

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TENANCY DETAILS TENANCY PARTICULARS The property is being sold subject to a lease summarised as follows: Tenant Business Name

VC Operations Pty Ltd trading as Sunbury Veterinary Clinic

Current Rent

$68,000.00* pa + GST

Lease Term

Five (5) years

Lease Commencement

17th September 2021

Options

Three further terms of five (5) years

Rent Reviews

Adjusted annually by CPI

Outgoings

Paid by tenant

OVERVIEW OF TENANT Sunbury Veterinary Clinic has been looking after the animals of Sunbury and the surrounds since 1970.

This busy practice has a dedicated team who provide a high standard of health care to a variety of pets including cats, dogs, birds, reptiles and native animals.

The clinic is owned and operated by National company Vets Central. Their network spreads over 13 clinics in QLD, NSW, VIC, SA and WA. www.vetscentral.com.au

SERVICES PROVIDED:

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We Treat

Surgical

Well Being

Healthcare

Small animals Birds Reptiles Native animals

Desexing Orthopaedic Dental Soft Tissue Ophthalmic

Microchipping Behavioural Advice Nutritional Advice

Vaccinations Health Checks Intestinal Worms Heartworm Flea / Tick Control Dentistry Radiography Clinical Pathology Specialist Referrals

OPERATING IN SUNBURY FOR OVER 50 YEARS.

BUILDING PARTICULARS The building was recently constructed and has factored in the growth in Sunbury with 3 consulting rooms, separate operating theatre, treatment room, X-ray room, kennels/recovery as well as separate staff room with full bathroom.

Features of the building are the 6 star energy efficiency, reverse cycle air-conditioning to all rooms, movement activated separate fresh air system in each room, and remote controlled skylight windows in the treatment and operating rooms.

Building Area: 246 sqm* *Approx.

EQUIPMENT • Digital X-Ray & Developer • Dental Unit • Wet Bench • Ultrasound • Full IDEXX in-house laboratory & fluid pumps • Multi-Parameter Monitoring • Full surgery inc. quantry suction

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FLOOR PLAN

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SUNBURY LINE UPGRADE

THE SUNBURY LINE UPGRADE WILL ENABLE MORE MODERN TRAINS TO RUN ON THE LINE, CREATING ROOM FOR 113,000 MORE PASSENGERS EVERY WEEK.

Why is the Sunbury Line Upgrade needed?

Patronage on the Sunbury Line is increasing at a rapid rate with demand set to exceed capacity in the next decade. The Sunbury Line Upgrade, in conjunction with the Metro Tunnel, will deliver major improvements in capacity, reliability and frequency of services on the Sunbury Line.

More modern trains for the Sunbury Line To take full advantage of the extra capacity on the rail network created by the Metro Tunnel, a range of enhancements are needed on the Sunbury Line to enable more modern trains to run. The $2.1 billion Sunbury Line Upgrade will see various upgrades within the rail corridor extending from Sunbury to Footscray. These upgrades will ensure more modern trains can reliably run all the way from Cranbourne and Pakenham to Sunbury, linked through the CBD by the Metro Tunnel. The new trains will provide a more comfortable ride for passengers with improved seating, standing areas, cooling and heating designed for Melbourne’s weather. The Sunbury Line Upgrade will deliver: — Platform extensions at 8 stations between Sunbury and Footscray — Wheelchair boarding platforms at eight stations — Train stabling upgrades at Sunbury, Calder Park and Watergardens — Power upgrades between Sunbury and the Metro Tunnel entrance near South Kensington station.

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SALE METHOD

METHOD OF SALE

TERMS OF SALE

INSPECTIONS

CONTRACT OF SALE & VENDORS STATEMENT

For Sale by Public Auction on Tuesday 28th June 2022 at 12 noon on-site

Strictly by appointment with the exclusive selling agents

10% deposit with the balance payable in 60 days

Available upon request

EXCLUSIVE SELLING AGENTS

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Liam Rafferty

Jeremy Gruzewski

Associate Director 0421 886 655 liam@astoncommercial.com.au

Executive Director 0422 211 021 jeremy@astoncommercial.com.au

VIRTUAL INSPECTION WHILE WE WELCOME INSPECTIONS THEY MAY ONLY BE DONE AT SET TIMES ON A ONE-ON-ONE BASIS. AS AN OPERATING

VETERINARY CLINIC THE OPERATORS ARE ALSO CONSCIOUS OF HAVING LARGE GROUPS AND INSPECTIONS.

WE HAVE THEREFORE COMPLETED A “WALK THROUGH” VIDEO,

INTERNAL PHOTOS AND DETAILED FLOORPLANS OF THE CLINIC TO GIVE YOU A CLEAR PICTURE OF THE ASSET THAT MAY NEGATE YOUR NECESSITY TO INSPECT.

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DISCLAIMER “Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom. *Approximate