- Land Area: 326 sqm approx.
- Net Rent: $225,752 pa plus GST
- Building Area: 275 sqm approx.
Description
Gorman Allard Shelton is pleased to offer this rare opportunity to purchase a stand-alone pharmacy freehold investment on a long 10 year lease. The property has been occupied as Chandra Pharmacy for approximately 50 years.
274-276 Blackburn Road, Doncaster East is being sold via public auction on Thursday 24th August at 12 noon on-site.
Key property features include:
* Long lease to 30 June 2032
* Current rent: $225,752 pa + GST and outgoings
* Land area: 326 sqm approx. with rear on-site parking for eight (8) cars
* Double fronted retail building of 275 sqm approx.
* Strong performing retail strip shopping village
Located within the tightly held and thriving Donbun Village shopping precinct surrounded by restaurants, cafes, medical and professional service businesses in Melbourne's eastern suburbs.