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274-276 Blackburn Road, Doncaster East, VIC, 3109

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274-276 Blackburn Road, Doncaster East, VIC, 3109

Doncaster East

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274-276 Blackburn Road, Doncaster East, VIC, 3109

Doncaster East

SOLD
274-276 Blackburn Road, Doncaster East, VIC, 3109

274-276 Blackburn Road, Doncaster East, VIC, 3109

Properties / Sold / Victoria / Doncaster East
Tenanted Investment
Selling Method
SOLD
Selling Details
SOLD
Land Area
326 m² (*approx)
Floor Area
275 m² (*approx)
Property Type
Retail, Health/Medical
Terms
Long lease to 30 June 2032
Est. Income
$225,752 p/a
Fully Leased
Chandra Pharmacy
Car Spaces
8
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10 YEAR LEASE TO ESTABLISHED PHARMACY
  • Land Area: 326 sqm approx.
  • Net Rent: $225,752 pa plus GST
  • Building Area: 275 sqm approx.

Gorman Commercial is pleased to offer this rare opportunity to purchase a stand-alone pharmacy freehold investment on a long 10 year lease. The property has been occupied as Chandra Pharmacy for approximately 50 years.

274-276 Blackburn Road, Doncaster East is being sold via public auction on Thursday 24th August at 12 noon on-site.

Key property features include:

* Long lease to 30 June 2032

* Current rent: $225,752 pa + GST and outgoings

* Land area: 326 sqm approx. with rear on-site parking for eight (8) cars

* Double fronted retail building of 275 sqm approx.

* Strong performing retail strip shopping village

Located within the tightly held and thriving Donbun Village shopping precinct surrounded by restaurants, cafes, medical and professional service businesses in Melbourne's eastern suburbs.

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

274-276 Blackburn Road Investment Summary

Property Type
Retail, Health/Medical
Est. Income
$225,752 p/a
Tenant
Chandra Pharmacy
Terms
Long lease to 30 June 2032
Land Area
326 m² (*approx)
Floor Area
275 m² (*approx)
Car Spaces
8
Selling Method
SOLD
Auction Date
24 Aug 2023 12:00PM
Selling Details
SOLD

Investment Highlights

10 YEAR LEASE TO ESTABLISHED PHARMACY
  • Land Area: 326 sqm approx.
  • Net Rent: $225,752 pa plus GST
  • Building Area: 275 sqm approx.

Gorman Commercial is pleased to offer this rare opportunity to purchase a stand-alone pharmacy freehold investment on a long 10 year lease. The property has been occupied as Chandra Pharmacy for approximately 50 years.

274-276 Blackburn Road, Doncaster East is being sold via public auction on Thursday 24th August at 12 noon on-site.

Key property features include:

* Long lease to 30 June 2032

* Current rent: $225,752 pa + GST and outgoings

* Land area: 326 sqm approx. with rear on-site parking for eight (8) cars

* Double fronted retail building of 275 sqm approx.

* Strong performing retail strip shopping village

Located within the tightly held and thriving Donbun Village shopping precinct surrounded by restaurants, cafes, medical and professional service businesses in Melbourne's eastern suburbs.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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274-276 Blackburn Road, Doncaster East, VIC, 3109

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Property Location of 274-276 Blackburn Road, Doncaster East, VIC, 3109

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274-276 Blackburn Road, Doncaster East, VIC, 3109 Doncaster East
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