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Long Proven Pharmacy since the 1960’s | Brand new 5 year lease, Huge 1,586sqm Freehold Site

144 Weld Street, Beaconsfield TAS

Property Highlights

Brand new 5 year lease
Fixed 3% rent increases
Tenant pays usual outgoings
Register to Bid

Description

Burgess Rawson is pleased to offer to the market 144 Weld Street, Beaconsfield TAS for sale via our Investment Portfolio Auction 164.

This opportunity has the following key investment highlights:

+ Brand new 5 year lease to 2028, plus 5 + 5 year options through to 2038
+ Fixed 3% annual rent increases – assuring rental growth
+ Landlord friendly lease structure, with tenant paying all usual outgoings as per lease
+ Pharmacy Alliance: Australia’s largest independent pharmacy network, 200+ locations nationwide
+ Thriving pharmacy serving the upper West Tamar region
+ Combined 272sqm* building, including pharmacy & medical / office suite
+ Huge main road 1,586sqm commercial site, with combined 100* metres triple street frontage
+ Central retail position opposite Medical Centre and amongst IGA, Exchange Hotel & Australia Post
+ Beaconsfield: historic gold mining town 42km* north of Launceston CBD, capital of the West Tamar Council trade catchment circa 5,000
+ Rent $45,000 pa + GST

To be sold by Investment Portfolio Auction: 
10:30am AEDT Wednesday 25 October 2023
Crown Metropol, Melbourne VIC

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Medical
Land Size
1,586 SQM
Building Area
272 SQM

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