Share this property

realcommercial.com.au

Odlums Pharmacy, 28 Rutherglen Road Newborough, VIC 3825

Directions

Odlums Pharmacy, 28 Rutherglen Road,
Newborough, VIC 3825

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Property extent

Tenure type

Sold on

Map of Odlums Pharmacy, 28 Rutherglen Road

Directions

Pharmacy Investment - New Secure Long Term Lease

  • New 12 year lease plus options to 2043
  • Fixed annual 3.5% increases
  • Lessee pays all usual outgoings
New 12 year leases plus options through to 2043 to a leading pharmacy chain, with 7 stores.
Fixed annual 3.25% increases, plus market reviews.
Lessee pays all usual outgoings.

Newborough, satellite township of Moe: located within the Latrobe City Region, trade catchment circa 170,000, heart of Victoria's coal mine / electricity industry.
Long established pharmacy business of circa 30 years - trading as Odlums Pharmacy.
Central Commercial site with a retail frontage of 6.5 metres.
Amongst newsagent and Australia Post.
Entry level buyer - price expectation circa $350,000.

Land area: 246sqm
Building area: 150sqm
Rent: $25,000pa

Interstate and local bidding by prior arrangement

Also please see others in the Pharmacy Portfolio:
Amcal Pharmacy, Moe VIC
The Drug Store, Moe VIC
Mallacoota Pharmacy Mallacoota VIC

Additional information

Property ID: 500956603Last Updated: 15 Aug 2016

04138603...
realcommercial.com.au logo
Odlums Pharmacy, 28 Rutherglen Road
Newborough, VIC 3825
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.