With a fresh 10 + 5 + 5 lease, Crane's Pharmacy is being offered for sale as a prime retail strata investment.
Recently separated from the first floor residence, the ground floor strata shop makes a perfect investment that could be added to a private portfolio or SMSF, with its long term lease.
Having been a chemist in this building for over 40 years, this is the first time that the shop is being offered for sale separately.
Gross income $69,421.63 + GST with annual CPI increases and regular market rent reviews.
The shop has been fully refurbished with a new fire rated ceiling to comply with the Building Code of Australia.
The first floor is on a separate title with all common expenses being shared 50/50 between the two lots.
The Strata Manager is finalising the Budgets for the Administration and Sinking Funds.
Call or email for a copy of the Information Memorandum.
Inspections strictly by appointment only.
