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Burgess Rawson - Melbourne

Chempro Chemists, 1/3 Twenty Third Avenue Palm Beach, QLD 4221

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Chempro Chemists, 1/3 Twenty Third Avenue,
Palm Beach, QLD 4221

Medical & Consulting • Shop & Retail • Showrooms & Bulky Goods

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Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
Chempro Chemists, 1/3 Twenty Third Avenue
Palm Beach, QLD 4221

Map of Chempro Chemists, 1/3 Twenty Third Avenue

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Trophy Beachside Medical Investment

  • 10 + 10-year lease to 2041
  • Essential service underpinned tenant
  • 4 dedicated carparks on title
+ Essential service underpinned tenant in brand new facility
+ Brand new 10yr lease with 1x 10-year option
+ 148sqm ground floor retail tenancy under 9 storey residential tower
+ Prime location with frontage to Gold Coast Highway on signalised intersection
+ Tenant pays all outgoings (excl. Land tax) with 2.5% fixed annual rent reviews
+ Chempro Chemists – national operator with over 106 sites across Australia
+ Gold Coast: undergoing explosive growth – population is expected to grow 36% to 820,000 by 2035
+ 4 dedicated car parks on title
+ Palm Beach – significant trade area growth through increased high density residential development in the immediate surrounding area
+ Substantial first year depreciation on offer
+ Net income of $73,073 per annum

For Sale by Investment Portfolio Auction
11am (Brisbane Time) Wednesday 10 November 2021

Property ID: 503922254Last Updated: 7 Dec 2021

Burgess Rawson - Melbourne
Level 7, 140 Bourke Street
MELBOURNE, VIC 3000
Burgess Rawson - Brisbane
Level 12, 127 Creek Street
BRISBANE CITY, QLD 4000
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