Renewed 5 Year Lease – Pharmacy For Over 37 Years

136-140 fairy street, warrnambool vic

Price on Request

  • High profile corner retail investment
  • High yielding investment – circa 8%-9%
  • Tenant pays all usual outgoings

Property Details

Renewed 5 year lease to 2024 plus options to 2034.
High yielding investment – circa 8%-9%.
Tenant pays all usual outgoings.
High profile 714sqm corner site, 54m frontage & premium Commercial 1 Zoning.
National Pharmacies: In operation for over 100 years with 51 pharmacies in SA, VIC & NSW along with 20 optical stores in SA.
Prestigious two storey building with impressive tenant fit-out.
Irreplaceable position amongst national retailers ALDI, Woolworths, KFC, Coles and McDonald’s.
Within The Great Ocean Road region attracting 5.1 million visitors who spent an estimated $1.2 billion in the year ending March 2017.
Warrnambool: Victoria’s largest coastal city (outside Port Phillip Bay) servicing a trade catchment of 100,000+ residents & growing.
Rent: $281,309 pa + GST (March 2019).

Auction 11am AEDT Wednesday 27 February 2019
River Room, Crown Casino, Melbourne

Featured Details

Current Tenant Tenanted
Gross Building Area 864 sqm
Land Size 714 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002629

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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