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Renewed 10 Year Lease – Established Pharmacy Over 30 Years

104 Station Road , Deer Park VIC

Property Highlights

Centrepiece within Medical Destination
3% Rent Increases and Market Review
Prominent Corner Site + 6 car spaces

Description

Renewed 10 year lease to October 2024 – No options
Fixed 3% annual rent increases and market review
Tenant pays all usual outgoings
Highly prominent building of 190 sqm with 6 car spaces on-title
Large 407 sqm corner site with 27 metre street frontage
Single tenant minimum management investment
Strategically positioned within established medical precinct including IPC Health, Medical Centre, Dental Clinic and Physiotherapy
PharmaSave: Successful and rapidly expanding Pharmacy network with over 150 locations Australia wide
Deer Park: high-growth location within booming western growth corridor and only 17 kilometres from the Melbourne CBD
Rent: $72,986 pa (Oct 2017)

Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
407 SQM
Building Area
190 SQM

Contact Agent

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