GrayJohnson is pleased to offer for sale a prominent retail investment in Springvale Road, Forest Hill.
The long term tenant is Australia’s largest pharmacy retailer with more than 300 stores* and 9500 staff nationally*. This valuable essential services tenant has just committed to a new 5 + 5 year lease.
The key highlights of this rare investment opportunity include:
> Occupied by Chemist Warehouse
> Annual fixed increases
> Rental $87,915 pa Net
> Wide frontage to Springvale Road
> Substantial retail footprint – 300 sqm*
> Significant landholding – 372 sqm*
> To be sold via public auction
For more details contact Matt Hoath 0418 543 714 or Rory White 0439 655 504.