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)
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Property ID: 504662684