Gorman Commercial FOR SALE

274-276 Blackburn Road, Doncaster East

auction

10 YEAR LEASE TO ESTABLISHED PHARMACY

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.

Listing Highlights

  • Land Area: 326 sqm approx.
  • Net Rent: $225,752 pa plus GST
  • Building Area: 275 sqm approx.

Property Details

Asset Type
Retail
Building Area
275 m2*
Car Parking
8 spaces
Price
Contact Agent

Peter Bremner

0412 326 942

pbremner@gormancommercial.com.au