Sold

PREMIUM PHARMACY INVESTMENT

1146-1148 North Road, Oakleigh South VIC 3167

Vinci Carbone is pleased to offer for sale this highly sought after healthcare sector investment in a superior Oakleigh South location.

An extremely desired investment opportunity secured by Direct Chemist Outlet with a long lease to 2028 plus options to 2038 with fixed annual increases, providing excellent rental growth.

Key Investment Highlights:
  • High profile retail premises of 260 sqm* providing a high quality fit out
  • Leased to a well-known recognised brand, Direct Chemist Outlet on a long lease to 2028 plus options to 2038
  • Returning $81,461 per annum* plus outgoings with fixed annual increases
  • 10 car parks on Title, also adjoining Dan Murphy’s car park
  • Significant high exposure frontage to North Road
  • Rare opportunity for investors to acquire a highly sought after healthcare sector investment in a premium location
Located within the North Road retail village which adjoins the renowned Dan Murphy’s, the property is also within direct proximity to Monash Medical Precinct and Monash University Clayton Campus.

The property is also well serviced by public transport with bus services operating along North Road and Warrigal Road and is also within walking distance to Huntingdale and Oakleigh Train Stations.

For Sale by Public Auction Thursday 8 June 2023 at 2.30pm on site.

*approx.

 

Sold By

Joseph Carbone

Direct: +61 3 9662 3030

Mobile: 0418 351 316

Email: [email protected]