Premier Chemist Warehouse, Medical Centre and Allied Health Complex

Description

+10 Year lease to Chemist Warehouse with options through to 2034
+ Chemist Warehouse: Australia’s largest pharmacy group with over 500 stores in Australia, China, Ireland and New Zealand.
+10 Year lease to Dorevitch Pathology with options through to 2046
+ Dorevitch Pathology: Part of Healius – ASX listed health giant with $2.72 billion market share (March 2022) and 2,250 sites nationally(2)
+ 10 year lease to Evans Street Medical Clinic with options through 2035
+ 80% of the income is derived through five (5) long term leases to Essential Service Medical tenants
+ Landlord favourable, net lease terms with tenants responsible for outgoings(4)
+ Guaranteed rental growth with annual reviews
+ High profile 1,036sqm Commercial 1 zoned site with triple street frontage including rear access and car parking onsite
+ Immaculate 1,028sqm* building with 16 on-site car spaces
+ Future potential development opportunity (STCA) with inner city living currently being promoted by local council
+ Superb central location in the heart of the Sunbury CBD with superb foot fall and a host of leading surrounding businesses including CBA, ANZ, Westpac, Specsavers, Reject Shop, Australia Post, Woolworths, BWS, Dan Murphy’s and Coles
+ Sunbury: A booming Satellite city 38kms from the Melbourne CBD with a population forecast to grow by 155% by 2041 (3)
+ Net Rent: $554,512 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

2 Healius
3 Forecast ID
4 per leases

Do you own a similar property?

Enquire

Contact agents
Matthew Wright Partner
0458 290 588
Zomart He Partner
0488 220 830
Raoul Holderhead Partner
0413 860 304
Michael Spektor
0418 662 415
Enquiry Form

Sunbury, VIC

79-81 and 81a Evans Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 151

Contact agents
Enquire