Priceline Pharmacy Mackay, 12-14 Grandview Drive, Mount Pleasant, Qld 4740

RWC Retail are proud to present Priceline Pharmacy Mackay, for sale by Auction on Friday 6th September 2024 at Level 26, 111 Eagle Street, Brisbane City. 

|What|
• 485sqm* healthcare investment, 80% underpinned by Priceline Pharmacy
• Priceline Pharmacy, one of Australia's largest pharmacy brands with over 470 stores nationwide and a wholly owned subsidiary of ASX-listed Wesfarmers
• Supported by an allied health tenant, with immediate rental uplift available from a 50sqm* vacancy
• 21 on-site car parks
• Estimated Fully Leased Net Income of $173,445* + GST p.a.

|Where|
• Prominent 1,900sqm* corner site with three-street frontage of approximately 108m* 
• 90 Minutes flight North of Brisbane in Mackay, Queensland's fourth-largest regional city
• Situated at the entrance to the thriving Mount Pleasant retail precinct with brands including Red Rooster, Petbarn and Amart

|Why|
• Underpinned by one of Australia's most recognised pharmacy brands, offering both prescription and compounding services 
• Capitalise on Australia's continually growing demand for pharmacy services, with healthcare spending continuing to climb
• Both tenants on fixed 3% annual rental increases
• Pharmacy anchored for 28 years (since construction)