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2 Gordon Street
Sorell TAS 7172
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Sold on 25 Aug 2021

2 Gordon Street Sorell TAS 7172

  • Shop & Retail
  • 661 m²
  • Sold

10 year lease to Australia's Largest Pharmacy Group-Chemist Warehouse

    + Secure 10 year lease to 2028 plus a further 10 year option to 2038
    + Chemist Warehouse: Australia's largest pharmacy group with over 500 stores across Australia and Internationally
    + Chemist Warehouse controls around 50% of Australia's pharmacy market
    + Landlord-favourable, net lease terms with tenant responsible for rates and taxes inclusive of Land tax
    + Guaranteed rental growth with fixed annual 4% increases
    + High profile 721sqm site with frontage to busy Gordon Street and rear carpark access
    + Shop 478sqm* plus 2 bedroom apartment above of 183sqm* with rental guarantee
    + Important Essential Service tenanted Investment
    + Superb central location with surrounding businesses including: Woolworths, Coles, BWS, McDonalds, KFC, United Service Station, Mitre 10 & Westpac
    + Tasmania: leading the national in key economic drivers, #1 CommSec State of the State Report
    + Sorell: A booming satellite city of Hobart with population forecast to grow by 18.5% by 2042
    + Net Rent: $175,479 pa (November 2021)

    To be sold by Expressions of Interest.
    Closing: 4:00pm AEST Thursday 12th August 2021.

    *approx.

    Property Highlights

    Date Sold25 Aug 2021
    Floor Area661 m²
    Land Area721 m²
    ParkingAsk Agent
    Property ID2017115557
    Category
    Last updated  26 Aug 2021
    Map for 2 Gordon Street Sorell TAS 7172

    Property Highlights

    Date Sold25 Aug 2021
    Floor Area661 m²
    Land Area721 m²
    ParkingAsk Agent
    Property ID2017115557
    Category
    Last updated  26 Aug 2021
    Level 20, 150 Lonsdale Street Melbourne VIC 3000

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