First Time offered in 75 Years
New 7 year lease, 3% increases
Horsham's best retail corner
This opportunity has the following key investment highlights:
+ Brand new 7 year lease to 2030, plus options through to 2044.
+ First time offered in 75 years.
+ Amcal: one of Australia’s most well-known and trusted pharmacies, with a network of 200+ stores nationwide, est.1937.**
+ Premier 303 sqm* freehold corner site, with significant frontage and exposure to Firebrace Street & Pynsent Street.
+ Landlord favourable net lease terms with tenant paying all usual outgoings as per the lease.
+ Fixed 3% annual rent increases, ensuring future rental growth.
+ Versatile two-level 426 sqm* building, with recent tenant funded upgrades.
+ Position perfect within the Horsham CBD and surrounded by key national retailers; Coles, Bunnings, Spotlight, Woolworths, CBA, ANZ and more.
+ Potential 50% stamp duty savings.
To be sold by Investment Portfolio Auction:
10:30am AEDT Wednesday 25 October 2023
Crown Metropol, Melbourne VIC