Pharmacy Essential Service Freehold Investment on 1,087 sqm CBD Landholding
5 Nowra Lane , Nowra NSW
Property Highlights
Operated as pharmacy since 2007
Large CBD site, easy on site parking
Booming South Coast commercial hub
Description
Renewed 3 +3 year lease to Chemist Warehouse
Prominent 1,087 sqm landholding, 2 street frontages
Chemist Warehouse: Australia’s largest pharmacy retail group with 300+ stores & 9,500 employees
Substantial 502 sqm building plus 15 on site car spaces
Growth South Coast area with major infrastructure upgrades within easy 2 hour drive of Sydney
Nowra: major commercial hub with growing 34,000 population
Future rental upside potential
Net Income: $151,500 pa + GST
For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am (AEDT)
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
1,087 SQM
Building Area
502 SQM