Rare asset with two national tenants!
This is a rare asset indeed. Secured totally off-market by the skilful Rethink Investing team for our valued client. The tenants are Greencross Vets and Autobarn. Both types of businesses have been going incredibly strong through the COVID period. So lease security with these businesses are 10/10.
This was our valued clients first purchase through Rethink Investing. They were looking for security from national well-known tenants. Freehold was also a requirement as part of their property brief. This asset was perfect for them.
report, bank fees)
Purchasing Costs
Key Highlights
• Building Area: 3,306m2
• NLA: 1,444m2
• 2x national tenants
• 5+5 year lease to Autobarn CPI increase
• 5+3+3 year lease to Greencross Vets 4% increases!
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