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Established Pharmacy Investment

14-16 Robert Street, MAITLAND SA, 5573

Sold

Property Sold in 14-16 Robert Street, MAITLAND SA, 5573

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11300750
Status:
Sold
Price:
Price on Request
Last Updated:
06/09/2019
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Property Type

Retail/Medical/Consulting/Land/Development
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Land Area

785 SQM
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Floor Area

297 SQM
Icon parking

Parking

N/A

Established Pharmacy Investment

10 year lease to September 2027 plus further options through to 2037
Fixed 3% increases – assuring rental growth
Tenant pays all usual outgoings as per the Lease
Long established, proven location since 1980’s
Large 785 sqm town centre corner site - single level, well presented pharmacy building of 173 sqm
Adjoining building of 124 sqm leased by tenant for storage – potential future value add opportunity
Tenant – Noel Allen Group: Experienced pharmacy operator with 8 sites across Adelaide and further sites in Tasmania
Maitland: Commercial and rural service centre, known as ‘the heart of the Yorke Peninsular’ – Two hour drive from Adelaide CBD and one of South Australia’s most popular holiday locations and buoyant agricultural regions
Rent: $35,000 pa

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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