3/121 Grices RoadClyde North VIC 3978
Property Details for 3/121 Grices Rd, Clyde North
Last Listing description (November 2023)
Burgess Rawson are delighted to present to the market the Berwick Clyde Vet at 3/121 Grices Road, Clyde North (Berwick) VIC for sale by Investment Portfolio Auction 165.
This investment has the following highlights:
+ Long 10-year lease to May 2033 plus options to 2053.
+ Berwick Clyde Vet: successful vet practice providing an entire range of veterinary services with a sister location in Lynbrook.
+ Annual fixed 3% rent increases, assuring rental growth.
+ Landlord favourable net lease terms with the tenant paying all usual outgoings.
+ Single tenant minimum management investment.
+ Prime position adjoining Snap Fitness and complimented by surrounding users Splash's Swim School, Aspire Childcare Centre, caf's, restaurants and more.
+ Recent construction providing major tax depreciation benefits.
+ Significant household pet count within the City of Casey, with 37,136 registered pets and counting.**
+ City of Casey, Melbourne's major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.****
+ Net Income: $132,300 pa* + GST.
To be sold via Investment Portfolio Auction 165
10:30am (AEDT) Wednesday 6 December 2023
Crown Casino, River Rooms Melbourne
For more information, please contact the exclusive selling agents below.
SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au
JUSTIN KRAMERSH
0460 349 605
jkramersh@burgessrawson.com.au
DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au
ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au
*Approx
**data.casey.vic.au
***health.gov.au
****forecast.id
Property History for 3/121 Grices Rd, Clyde North, VIC 3978
- 29 Nov 2023Sold for $2,350,000
- 09 Nov 2023Listed for Sale Price on Request
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About Clyde North 3978
The size of Clyde North is approximately 29.2 square kilometres. It has 11 parks covering nearly 0.9% of total area. The population of Clyde North in 2016 was 8156 people. By 2021 the population was 31681 showing a population growth of 288.4% in the area during that time. The predominant age group in Clyde North is 30-39 years. Households in Clyde North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clyde North work in a professional occupation.In 2021, 74.20% of the homes in Clyde North were owner-occupied compared with 73.30% in 2016.
Clyde North has 27,762 properties. Over the last 5 years, Houses in Clyde North have seen a 27.61% increase in median value, while Units have seen a 36.50% increase. As at 31 December 2025:
- The median value for Houses in Clyde North is $834,829 while the median value for Units is $633,671.
- Houses have a median rent of $600 while Units have a median rent of $550.
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