A PANDEMIC PROOF INVESTMENT
115a Nepean Highway
Seaford
260.00m2
Retail
** SOLD **
Gross Waddell ICR is pleased to offer for sale this high exposure retail investment leased to a long established pharmacy trading for over 20 years.
• 5-year lease (comm. November 2020) to PharmaSave
• 2 further options of 5 years
• Fixed annual CPI increases, market review at option (s)
• Current income: $159,600* p.a. net
• Substantial building area of 260 sqm*
• High exposure street frontages to Nepean Highway and Broughton Street at the rear
• Pedestrian access from Nepean Highway through to Broughton Street
• Centrally located within Seaford's major and tightly held retail shopping strip
*Approx.
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