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200 Parker Street, COOTAMUNDRA, NSW, 2590

+8 Photos

+10 Photos

SOLD

200 Parker Street, COOTAMUNDRA, NSW, 2590

Properties / Sold / New South Wales / Cootamundra

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

164 m² (*approx)

Floor Area

175 m² (*approx)

Property Type

Retail, Child/Healthcare

Terms

Brand New Five (5) year lease to February 2027 plus options to 2037

Fully Leased

Pharmacy Alliance

Show All

2. Property Highlights

Trophy Freehold Medical Investment

Brand New 5 Year Lease to 2027
Fixed 3% Annual Rent Increases
Tenant pays 100% of outgoings

+ Brand New Five (5) year lease to February 2027 plus options to 2037

+ Pharmacy Alliance: Australia's largest independent pharmacy network and growing with over 200+ locations nationwide

+ Pharmacy Alliance responsible for 100% of the outgoings as per the lease

+ Pharmacy Alliance & Pharmacy Platform have recently merged to form the Platform Alliance Group which supports over 2500 pharmacies nationwide

+ Attractive fixed 3% annual rent increases assuring growth.

+ High profile 164sqm 'Commercial' zoned corner site with exposure to the busy Parker Street and Bourke Street.

+ Surrounded by important social infrastructure including 5 primary and secondary schools within a 2km servicing a combined 1039 full-time students as well as the Cootamundra Hospital **

+ Strategic CBD corner location situated amongst a Woolworths supermarket, Supa IGA, Reject Shop, Cootamundra Airport and the famous birthplace of Sir Donald Bradman all within a 2km radius**

+ Cootamundra: The birthplace of Sir Donald Bradman and records a steady population of 7,673*

+ Net Income: $40,000 pa + GST

** gap maps

* population.com.au

For Sale by Investment Portfolio Auction

10:30am (AEDT) Tuesday 10 May 2022

Yallamundi Rooms, Sydney Opera House

Remember to mention you found this property on CommercialReady.com.au