Occupying a prominent Highway frontage location, Belmont Veterinary Hospital has been a mainstay of suburban Belmont, Lake Macquarie for decades. Leased to a National veterinary practice operator, 591 Pacific Highway represents an investment opportunity underpinned by a strong established local tenancy profile.
- 5 + 5 + 5 lease to a national veterinary practice operator
- Net annual Income: $60,000 + GST*
AUCTION - Online and In-Rooms
Tuesday 26 September 2023 commencing 10:30AM
Auction Now, Mezzanine Level, 50 Margaret Street, Sydney NSW 2000
For Sale: Contact Agent
*Approximately
The size of Belmont is approximately 10.4 square kilometres. It has 11 parks covering nearly 3.8% of total area. The population of Belmont in 2011 was 6,419 people. By 2016 the population was 7,123 showing a population growth of 11.0% in the area during that time. The predominant age group in Belmont is 50-59 years. Households in Belmont are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Belmont work in a professional occupation. In 2011, 65.2% of the homes in Belmont were owner-occupied compared with 66.1% in 2016.
Belmont has 4,114 properties. Over the last 5 years, Houses in Belmont have seen a 68.35% increase in median value, while Units have seen a 21.32% increase. As at 31 July 2024:
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