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National Retail Group Pty Ltd - PRESTON

Chemist Warehouse, 79-81 and 81a Evans Street Sunbury, VIC 3429

Chemist Warehouse, 79-81 and 81a Evans Street,
Sunbury, VIC 3429

Medical & Consulting • Shops & Retail • Other

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National Retail Group Pty Ltd - PRESTON
Michael Spektor

National Retail Group Pty Ltd - PRESTON

6 Albert Street
PRESTON, VIC 3072
National Retail Group Pty Ltd - PRESTON
Chemist Warehouse, 79-81 and 81a Evans Street
Sunbury, VIC 3429

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Premier Chemist Warehouse, Medical Centre and Allied Health Complex

  • Long term leases with diverse income
  • Tenants pay all outgoings
  • Fixed Annual Reviews
+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

Property ID: 504018867Last Updated: 10 May 2023

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