57 Theresa Street, EMERALD QLD 4720
$1 500 000 - Registered Valuation Available
L6237649
For Sale

Property Details

Land size: 4140m²

Description

The Boarding Kennels has been an integral part of the town of Emerald for well over 40 years. Situated on 4140m2 allotment, close to the Central Business Area. The property includes an approved pet boarding kennel complex. The complex also includes operating and procedure rooms.

Property improvements consists of a split-level house with veterinary clinic on the ground floor and residence on the upper level. Kennel complex with associated veterinary practice components, single staff quarters, separate two-bedroom cottage, a workshop and carport, small stable and store shed. The clinic is a mainly small animal practice.

The kennels complex has approval for 96 dogs and 66 cats. The business is operated by a long term vet who wishes to retire. The owner has advised that the cattery has not operated for a number of years due to his wish to downscale the operation whilst he was still practicing as a vet.? The cattery is fully functional, licensed and able to be used.

Turnovers for the boarding kennel range from $302,335 in 2017/2018 to a maximum of $340,000 in 2018/2019 year. The 2019/2020 year saw a decrease to $223,000. Advertised boarding fees are $25.45 per day excluding GST for dogs, $22.72 per day for cats excluding GST and $16.36 per day for birds excluding GST, day rate is $18.18 excluding GST per animal. Hydro baths are $22.72 excluding GST each. To note these prices are considered to be at the lower end of Market expectations, so there is potential for income growth here.

This is a well-equipped long established profitable practice in a buoyant regional Queensland town with a diverse economy.

+ Highly successful boarding kennels for over 40 years with loyal clientele
+ Prominent 4.140sqm site only minutes to Emerald CBD
+ Easy customer access with on-site parking
+ Emerald is the main service centre for Central Highlands region of Queensland, best known for Agricultural and Coal Mining Industries.

For further information please contact Clinton Adams today.

Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.

Agent

Clinton Adams
Director P. 0428875875 M. 0428875875