Chemist Warehouse, 98 Wellington Street,
Launceston, TAS 7250

Shops & Retail • Offices • Showrooms & Large Format Retail

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Chemist Warehouse - High Profile Investment Opportunity

National Tenant on New Lease
Prominent 876 sqm Building
Huge Exposure, 15m frontage

Chemist Warehouse, Australia’s largest pharmacy chain with approximately 300 stores
New outlet on full term lease + options to 2030 with fixed 3% pa increases
Smaller second tenancy to JBC Sports Power on a 14 year lease including options to 2025 with annual CPI reviews
Well maintained and updated 876 sqm building with rear access
Major arterial corridor and strong inner city business locale with Coles, Fantastic Furniture, Godfreys, Woolworths, Bursons, BWS etc
Launceston: important regional city with a catchment population of approximately 130,000
Rent: $71,955 pa

Auction 11am AEDT Wednesday 7 December 2016
River Room, Crown Casino, Melbourne

Property ID: 502178314Last Updated: 3 May 2021