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DESCRIPTION:Dominant Pharmacy Anchored Freehold Medical & Fast Food Centre 
 | Brand New 10 Year Net Lease to Chempro\nCBRE is pleased to offer to the 
 market 38 Ballina Road (Bruxner Highway)\, Lismore NSW\, a pharmacy anchor
 ed medical & fast food centre comprising two freestanding buildings\, for 
 sale via our Investment Portfolio Auction 187.\n\nThe property has the fol
 lowing key investment highlights:\n\n+ Anchored by a brand new 10 year net
  lease to Chempro to January 2036\, plus two further 10 year options to 20
 56\n+ Chempro: one of Australia's fastest growing pharmacy groups\, with 1
 50+ stores* across South East Queensland and Northern NSW and head office 
 on the Gold Coast\n+ Zambrero: Australia's largest Mexican quick service r
 estaurant franchise\, with 365 restaurants* globally across Australia\, Ne
 w Zealand\, Ireland\, the United Kingdom and the United States\n+ Freehold
  medical and fast-food centre delivering a diversified\, non-discretionary
  income stream\n+ Compounding fixed annual rent increases of 3% and 4%\, e
 nsuring long term rental growth\n+ Net leases\, with tenants responsible f
 or 100% of outgoings including council rates\, land tax and insurance\n+ T
 wo freestanding buildings with a combined lettable area of 1\,127sqm*\, re
 furbished in 2025\, with ample on site customer parking\n+ Commanding roun
 dabout position with 156m* of triple street frontage to the Bruxner Highwa
 y\, the principal arterial route linking Lismore to Ballina and the Pacifi
 c Highway\n+ Significant 2\,409sqm* freehold landholding zoned E2 Commerci
 al Centre\, neighbouring ALDI\, BP\, Hungry Jack's & Services Australia\n+
  Lismore: regional capital of the Northern Rivers\, supported by Southern 
 Cross University and Lismore Base Hospital\, with Council's draft "Lismore
  60\,000" strategy targeting a population of 60\,000 and up to 10\,000 new
  homes\n+ Net Income: $418\,925 pa* + GST\n\nTo be sold via Investment Por
 tfolio Auction 187\n10:30am AEST Tuesday 15 September 2026\nYallamundi Roo
 ms\, Sydney Opera House\n\nPlease contact the exclusively appointed sales 
 team for more information.\n\n*Approximate
DTEND:20260915T113000
DTSTAMP:20260820T050725Z
DTSTART:20260915T103000
LOCATION:Yallamundi Rooms\, Sydney Opera House
SEQUENCE:0
SUMMARY:Auction: 38 Ballina Road\, Lismore NSW
UID:CRE-2021088112-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Dominant Pharmacy Anchored Freehold M
 edical & Fast Food Centre | Brand New 10 Year Net Lease to Chempro <br/> C
 BRE is pleased to offer to the market 38 Ballina Road (Bruxner Highway)\, 
 Lismore NSW\, a pharmacy anchored medical & fast food centre comprising tw
 o freestanding buildings\, for sale via our Investment Portfolio Auction 1
 87. <br/>  <br/> The property has the following key investment highlights:
  <br/>  <br/> + Anchored by a brand new 10 year net lease to Chempro to Ja
 nuary 2036\, plus two further 10 year options to 2056 <br/> + Chempro: one
  of Australia's fastest growing pharmacy groups\, with 150+ stores* across
  South East Queensland and Northern NSW and head office on the Gold Coast 
 <br/> + Zambrero: Australia's largest Mexican quick service restaurant fra
 nchise\, with 365 restaurants* globally across Australia\, New Zealand\, I
 reland\, the United Kingdom and the United States <br/> + Freehold medical
  and fast-food centre delivering a diversified\, non-discretionary income 
 stream <br/> + Compounding fixed annual rent increases of 3% and 4%\, ensu
 ring long term rental growth <br/> + Net leases\, with tenants responsible
  for 100% of outgoings including council rates\, land tax and insurance <b
 r/> + Two freestanding buildings with a combined lettable area of 1\,127sq
 m*\, refurbished in 2025\, with ample on site customer parking <br/> + Com
 manding roundabout position with 156m* of triple street frontage to the Br
 uxner Highway\, the principal arterial route linking Lismore to Ballina an
 d the Pacific Highway <br/> + Significant 2\,409sqm* freehold landholding 
 zoned E2 Commercial Centre\, neighbouring ALDI\, BP\, Hungry Jack's & Serv
 ices Australia <br/> + Lismore: regional capital of the Northern Rivers\, 
 supported by Southern Cross University and Lismore Base Hospital\, with Co
 uncil's draft "Lismore 60\,000" strategy targeting a population of 60\,000
  and up to 10\,000 new homes <br/> + Net Income: $418\,925 pa* + GST <br/>
   <br/> To be sold via Investment Portfolio Auction 187 <br/> 10:30am AEST
  Tuesday 15 September 2026 <br/> Yallamundi Rooms\, Sydney Opera House <br
 />  <br/> Please contact the exclusively appointed sales team for more inf
 ormation. <br/>  <br/> *Approximate</P></body></html>
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