Medical | Retail

Ray White Commercial Qld are pleased to present to the market Chempro Tugun at 457 Golden Four Drive Tugun, for Sale via Auction to be held at 10.45am Thursday 17th February 2022 (AEST) on level 26, 111 Eagle Street, Brisbane Qld.

457 Golden Four Drive, Tugun, presents an opportunity to acquire a tightly held, long-leased medical investment with underlying development potential.

Located in Australia's premier tourist destination, and only 3km* from the Gold Coast airport, Chempro Tugun forms a central part of the local Tugun retail offering. This property comes with 2 years remaining on the lease to the anchor tenant Chempro Chemist, with additional 2x5 year options, allowing the incoming purchaser to capitalise on upside well into the future.

The property is further complemented with a compound pharmacy leasing the existing upstairs tenancy, offering two tenants in the highly sought-after medical industry. With flexible Centre zoning, the stage 4 light-rail announced at this Chempro's doorstep, and the SEQ Olympics confirmed, this property offers long term investment security with an abundance of future upside.

$153, 006 + GST pa Net Income.

This auction campaign will be held at 10.45am Thursday 17th February 2022 (AEST) on level 26, 111 Eagle Street, Brisbane Qld.