Longstanding Pharmacy Investment – New 10 Year Lease to 2031 Plus Options
50 Harrison Street , Cardiff NSW
Property Highlights
Leased to Star Discount Chemist
National retailer with 58 stores
Fixed 3% pa rent increases
Description
New 10 year lease to March 2031 plus options to 2051
Fixed 3% pa rent increases
Leased to Star Discount Chemist: member of Star Pharmacy Group with 58 stores nationally
Busy retail corner location opposite ALDI and Woolworths
Extensively fitted out 297 sqm premises with retail and dispensary areas
Recognised medical precinct with 2 medical centres, radiology and pathology services
On title parking at rear
Net Income: $117,500 pa + GST
For Sale by Investment Portfolio Auction
Tuesday 30 March at 11am
Yallamundi Rooms, Sydney Opera House
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
297 SQM
Building Area
297 SQM