CBRE is pleased to present for sale 92-96 Franklin Street, Traralgon (Cnr Seymour Street) comprising a prominent two-level corner freehold, leased to long term powerhouse tenant Chemist Warehouse, with the property serving as the only 24 hour Supercare Pharmacy in the Latrobe Valley.
+Recently renewed 5-year lease to Chemist Warehouse - Australia's largest pharmacy group with over 500 stores globally
+Corner landholding of 461sqm* benefitting from Activity Centre Zoning
+High exposure triple street frontage of 62m* with multiple points of ingress & egress to Franklin Street and the rear laneway
+Within the largest and fastest growing city in The Greater Latrobe Valley area, containing a population of 74,170*
+In Traralgon's main activity centre surrounded by national retailers, 250m* to Traralgon Train Station (direct line to Melbourne CBD) and close to Traralgon Centre Plaza
+Total net income of $135,331* pa with fixed 3.50% annual rental increases
For sale via Expressions of Interest closing Thursday 7th April at 2:00pm (AEST)
*Approx
For further information please contact the exclusive sales and marketing agents at CBRE:
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au