92-96 Franklin Street (Corner Seymour Street),
Traralgon, VIC 3844
Shops & Retail • Other
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
92-96 Franklin Street (Corner Seymour Street)
Traralgon, VIC 3844
Map of 92-96 Franklin Street (Corner Seymour Street)
BLUE CHIP RETAIL INVESTMENT IN THE CENTRE OF TRARALGON CBD
- AUSTRALIA’S DOMINANT PHARMACY RETAILER
- THE REGION’S ONLY 24H SUPERCARE PHARMACY
- 3.50% FIXED ANNUAL INCREASES
CBRE is pleased to present for sale 92-96 Franklin Street, Traralgon (Cnr Seymour Street) comprising a prominent two-level corner freehold, leased to long term powerhouse tenant Chemist Warehouse, with the property serving as the only 24 hour Supercare Pharmacy in the Latrobe Valley.
+Recently renewed 5-year lease to Chemist Warehouse - Australia’s largest pharmacy group with over 500 stores globally
+Corner landholding of 461sqm* benefitting from Activity Centre Zoning
+High exposure triple street frontage of 62m* with multiple points of ingress & egress to Franklin Street and the rear laneway
+Within the largest and fastest growing city in The Greater Latrobe Valley area, containing a population of 74,170*
+In Traralgon’s main activity centre surrounded by national retailers, 250m* to Traralgon Train Station (direct line to Melbourne CBD) and close to Traralgon Centre Plaza
+Total net income of $135,331* pa with fixed 3.50% annual rental increases
For sale via Expressions of Interest closing Thursday 7th April at 2:00pm (AEST)
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
+Recently renewed 5-year lease to Chemist Warehouse - Australia’s largest pharmacy group with over 500 stores globally
+Corner landholding of 461sqm* benefitting from Activity Centre Zoning
+High exposure triple street frontage of 62m* with multiple points of ingress & egress to Franklin Street and the rear laneway
+Within the largest and fastest growing city in The Greater Latrobe Valley area, containing a population of 74,170*
+In Traralgon’s main activity centre surrounded by national retailers, 250m* to Traralgon Train Station (direct line to Melbourne CBD) and close to Traralgon Centre Plaza
+Total net income of $135,331* pa with fixed 3.50% annual rental increases
For sale via Expressions of Interest closing Thursday 7th April at 2:00pm (AEST)
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Property ID: 504016535Last Updated: 27 May 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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71-79 Hotham Street,Traralgon, VIC 3844 1889 m²Offices • Shops & Retail • Showrooms & Large Format Retail