Priceline, Healthcare Leader | Subsidiary of Wesfarmers ASX Giant

Under instructions from McGrathNicol Liquidators of Tristar Property Holdings

+ Long Ten (10) year lease to December 2029 plus options through to December 2039.
+ Priceline: Australia’s leading pharmacy, health & beauty retailer, with 470+ stores nationally, owned by ASX listed retail giant Wesfarmers Ltd.*
+ Wesfarmers (ASX:WES), one of Australia’s largest retailers with a market cap of $55.55 billion.**
+ Desirable net lease terms with tenant paying all usual outgoings as per the lease.
+ Favourable CPI reviews annually.
+ Gross 159sqm* premises with modern medical fit-out.
+ Strategically situated within medical precinct with seamless integration to adjoining Family Doctor medical centre.
+ Located in the Horsham CBD, surrounded by national tenants including Aldi, Harvey Norman, Goodstart Childcare Centre and Cheap as Chips.
+ Includes car spaces on-title.
+ Potential 50% Stamp Duty Savings.
+ Horsham: Wimmera’s commercial and retail capital with a trade catchment of circa 55,000 people and annual economic output of $7.481 billion.*** The region produces more than half of Victoria’s total grain crop, oilseeds and pulses.****
+ Estimated Rent: $57,198 pa* + GST

To be sold by Investment Portfolio Auction: 
10:30am AEDT Wednesday 22 February 2023
Crown Casino, Melbourne VIC

* Priceline
** Wesfarmers
*** Wimmera Development Association
**** Remplan