Chempro Chemists, 1/3 Twenty Third Avenue,
Palm Beach, QLD 4221
Medical & Consulting • Shops & Retail • Showrooms & Large Format Retail
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Burgess Rawson - Brisbane
Level 13, 241 Adelaide StreetBRISBANE CITY, QLD 4000
Chempro Chemists, 1/3 Twenty Third Avenue
Palm Beach, QLD 4221
Map of Chempro Chemists, 1/3 Twenty Third Avenue
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
+ 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: 28 Jul 2023
Burgess Rawson - BrisbaneLevel 13, 241 Adelaide Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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