Burgess Rawson is delighted to offer to the market Direct Chemist Outlet at 32 Adakite Drive, Berwick VIC for sale via Private Treaty.

The property has the following investment highlights:

+ Long 10 year net lease to January 2034 plus two further 5 year options to 2044.
+ Direct Chemist Outlet: Est 2006, Direct Chemist Outlet is a pharmacy chain with 111 locations across the country and offers 20,000 products online and in-store.
+ Brand new 361 sqm* retail shop, high-profile location directly adjoining IGA Supermarket, Medical Centre, Dental Clinic, Childcare centre and many more.
+ Landlord preferred, net lease terms with tenants paying usual outgoings.
+ Fixed, compounding 3% annual rent increases.
+ Single tenant, minimum management investment.
+ Strategically positioned within the Alira Village Town Centre, neighbouring the Alira Berwick and Northern Wetlands residential estates.
+ New construction providing maximum tax saving depreciation benefits.
+ Position perfect: central to Berwick Station and Heritage College.
+ City of Casey, Melbourne’s major south-east growth LGA, with population forecast to increase 45% to 574,124 by 2046.**
+ Net Income: $238,972 pa* + GST (January 2025).

To be sold via Private Treaty.

SHAUN VENABLES
0411 860 865
svenables@burgessrawson.com.au

DAVID NAPOLEONE
0417 308 067
dnapoleone@burgessrawson.com.au

ROMANOR FALCONER
0413 830 808
rfalconer@burgessrawson.com.au

Please contact the exclusively appointed sales team for more information.

*approx
**forecast.id