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Odlums Pharmacy, 28 Rutherglen Road Newborough, VIC 3825

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Odlums Pharmacy, 28 Rutherglen Road,
Newborough, VIC 3825

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Map of Odlums Pharmacy, 28 Rutherglen Road

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Pharmacy Investment - New Secure Long Term Lease

  • New 12 year lease plus options to 2043
  • Fixed annual 3.5% increases
  • Lessee pays all usual outgoings
New 12 year leases plus options through to 2043 to a leading pharmacy chain, with 7 stores.
Fixed annual 3.25% increases, plus market reviews.
Lessee pays all usual outgoings.

Newborough, satellite township of Moe: located within the Latrobe City Region, trade catchment circa 170,000, heart of Victoria's coal mine / electricity industry.
Long established pharmacy business of circa 30 years - trading as Odlums Pharmacy.
Central Commercial site with a retail frontage of 6.5 metres.
Amongst newsagent and Australia Post.
Entry level buyer - price expectation circa $350,000.

Land area: 246sqm
Building area: 150sqm
Rent: $25,000pa

Interstate and local bidding by prior arrangement

Also please see others in the Pharmacy Portfolio:
Amcal Pharmacy, Moe VIC
The Drug Store, Moe VIC
Mallacoota Pharmacy Mallacoota VIC

Additional information

Property ID: 500956603Last Updated: 15 Aug 2016

04138603...
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Odlums Pharmacy, 28 Rutherglen Road
Newborough, VIC 3825
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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