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In Demand Pharmacy Investment – Secure 10 Year Lease

115-117 Buckley Road, Burpengary QLD

Property Highlights

New 10 year lease to 2028
Strong growth, Fixed 3% rent increases
Adjacent to Medical Centre

Description

– New 10 year lease to 2028 plus long term 8 year option to 2036
– Infinity Group: A growing network of medical centres and pharmacies across NSW, TAS and QLD
– Fixed 3% annual increases, guaranteed rental growth
– Tenant pays all usual outgoings
– Immaculate 356sqm tenancy with recent tenant rebranding
– Longstanding and successful pharmacy business, 10+ years in location
– Strategic and important position adjacent to ‘The Hub Medical Centre’ and well supported by IGA, Liquorland, Goodstart Early Learning and more
– Single tenant minimum management investment
– Burpengary: Fast growing Moreton Bay region, midway between Brisbane and Sunshine Coast
– Net income: $190,550 pa + GST

Auction
12pm AEDT (11am AEST)
Thursday, 30 October 2019
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Building Area
356 SQM

Contact Agents

Doug Doyle

+614 005 64623

Contact Me

Craig Chapman

0427 110 132

Shaun Venables

0411 860 865

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