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Long Established Successful Pharmacy Investment

67 Hickory Street , Dorrigo NSW

Property Highlights

Secure 5 Year Lease To 2022
Fixed 3% Annual Rent Increases
Proven Location For 40+ Years

Description

Secure 5 year lease to Sept 2022 plus further options through to 2037.
Alliance Pharmacy: member based network with over 650 pharmacies across the country.
Long established proven location for 40+ years.
Dorrigo’s only pharmacy – nearest pharmacy in Bellingan 30 minute drive.
Fixed 3% increases – assuring rental growth.
Lessee paying all usual outgoings as per the lease.
505 sqm ‘General Commercial’ zoned site with 10 metre retail frontage.
Single level improvements totalling 435 sqm including garage.
Central retail position on Hickory Street – Dorrigo’s main street amongst NAB, Vinnies, Bakery, Butcher, Hardware etc.
Dorrigo: situated in the Northern Tablelands within the Bellingen Shire Council, 60 km west of Coffs Harbour.
Rent: $54,636 pa (Sept 2018)

Auction 11am AEST Tuesday 8 May 2018
Doltone House Hyde Park, 181 Elizabeth Street, Sydney

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Retail
Land Size
505 SQM
Building Area
435 SQM

Contact Agent

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