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Savills - Melbourne

1146-1148 North Road Oakleigh South, VIC 3167

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1146-1148 North Road,
Oakleigh South, VIC 3167

Shops & Retail • Medical & Consulting • Offices

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Savills - Melbourne
Julian Heatherich
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
1146-1148 North Road
Oakleigh South, VIC 3167

Map of 1146-1148 North Road

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Affordable Pharmacy Investment Opportunity

  • Ideal Medical Investment with Upside
  • Long 10 year lease Plus Options
  • Nationally Recognised Brand
Savills is delighted to offer for sale this premium pharmacy investment at 1146-1148 North Road, Oakleigh South. Benefitting from a long lease and high exposure location, the property presents a compelling investment opportunity for astute investors.

Key attributes of this opportunity are:
• Modern retail shop of 260sq m* with high quality fit out
• Nationally recognised brand ‘Direct Chemist Outlet’ with over 60 locations nationally
• 10 + 5 + 5 year lease commenced in April 2018
• Current net rental of $75,645 per annum* plus GST and outgoings
• Fixed 2.5% rental increases, plus market review at commencement of 5th year offering rental upside
• 10 individually titled on-site car parks
• Ideally positioned adjoining major national retailer Dan Murphy’s

EOI Closed - Offers Under Review

For further details regarding this outstanding investment opportunity, please contact:

Julian Heatherich: 0412 995 6...
Benson Zhou: 0458 488 8...

*Approx.

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Property ID: 503596810Last Updated: 16 Jun 2021

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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