Premier Chemist Warehouse, Medical Centre and Allied Health Complex

+10 Year lease to Chemist Warehouse with options through to 2034
+ Chemist Warehouse: Australia’s largest pharmacy group with over 500 stores in Australia, China, Ireland and New Zealand.
+10 Year lease to Dorevitch Pathology with options through to 2046
+ Dorevitch Pathology: Part of Healius – ASX listed health giant with $2.72 billion market share (March 2022) and 2,250 sites nationally(2)
+ 10 year lease to Evans Street Medical Clinic with options through 2035
+ 80% of the income is derived through five (5) long term leases to Essential Service Medical tenants
+ Landlord favourable, net lease terms with tenants responsible for outgoings(4)
+ Guaranteed rental growth with annual reviews
+ High profile 1,036sqm Commercial 1 zoned site with triple street frontage including rear access and car parking onsite
+ Immaculate 1,028sqm* building with 16 on-site car spaces
+ Future potential development opportunity (STCA) with inner city living currently being promoted by local council
+ Superb central location in the heart of the Sunbury CBD with superb foot fall and a host of leading surrounding businesses including CBA, ANZ, Westpac, Specsavers, Reject Shop, Australia Post, Woolworths, BWS, Dan Murphy’s and Coles
+ Sunbury: A booming Satellite city 38kms from the Melbourne CBD with a population forecast to grow by 155% by 2041 (3)
+ Net Rent: $554,512 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

2 Healius
3 Forecast ID
4 per leases