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9/50 Koola Avenue,
East Killara 2071, New South Wales
Guide: $1,100,000
Property details
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Agents
Prime Pharmacy Investment. 19-Year Established Tenant. New 3 + 3 + 3 Year Lease
$68,036 Annual Rental Income + GST | Established Pharmacy | Prime Corner Position
An outstanding opportunity to secure a tenanted retail investment in the heart of East Killara Shopping Centre.
Operated by the same pharmacy owners for 19 years, this prominent corner premises offers immediate rental income, a newly commenced 3 + 3 + 3 year lease and annual CPI rent reviews.
Key Investment Highlights:
• Annual rental income: $68,036 + GST
• 19-year established tenant: Same pharmacy owners operating from the premises since 2007
• New 3 + 3 + 3 year lease: Commenced 1 October 2026, with renewal options through to 2035
• Rent reviews: Annual CPI reviews and market reviews upon renewal
• Outgoings: Tenant responsible for 100% of specified recoverable outgoings
• Prime corner position: Extensive glass frontage and excellent visibility
• Established shopping precinct: Complementary medical, dental, café and convenience retailers
• Convenient access: Covered shopping arcade and ample customer parking
• Desirable Upper North Shore location: Established residential catchment with strong local amenity
A compelling opportunity to acquire an established pharmacy investment with immediate income and long-term leasing potential.
Auction:
Saturday 21 November, 4pm
In rooms - 2 Turramurra Avenue, Turramurra
For further information or to arrange a private inspection, contact:
Jessica Cao
0466 877 260
jessica.cao@raywhite.com
Ray White Upper North Shore
Disclamer: All information contained here is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.
An outstanding opportunity to secure a tenanted retail investment in the heart of East Killara Shopping Centre.
Operated by the same pharmacy owners for 19 years, this prominent corner premises offers immediate rental income, a newly commenced 3 + 3 + 3 year lease and annual CPI rent reviews.
Key Investment Highlights:
• Annual rental income: $68,036 + GST
• 19-year established tenant: Same pharmacy owners operating from the premises since 2007
• New 3 + 3 + 3 year lease: Commenced 1 October 2026, with renewal options through to 2035
• Rent reviews: Annual CPI reviews and market reviews upon renewal
• Outgoings: Tenant responsible for 100% of specified recoverable outgoings
• Prime corner position: Extensive glass frontage and excellent visibility
• Established shopping precinct: Complementary medical, dental, café and convenience retailers
• Convenient access: Covered shopping arcade and ample customer parking
• Desirable Upper North Shore location: Established residential catchment with strong local amenity
A compelling opportunity to acquire an established pharmacy investment with immediate income and long-term leasing potential.
Auction:
Saturday 21 November, 4pm
In rooms - 2 Turramurra Avenue, Turramurra
For further information or to arrange a private inspection, contact:
Jessica Cao
0466 877 260
jessica.cao@raywhite.com
Ray White Upper North Shore
Disclamer: All information contained here is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.
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School catchments
- Killara High School Secondary 7-12 Government 0.38km
- St Ives High School Secondary 6-12 Government 1.7km
- Lindfield East Public School Primary K-6 Government 1.7km
- Newington College - Lindfield Preparatory School Primary Independent 1.8km
- St Ives Public School Primary K-6 Government 1.9km
- Gordon East Public School Primary K-6 Government 1.9km
- Ravenswood School for Girls Combined K-12 Independent 2.0km
- Ravenswood School for Girls, Boarding House Combined Independent 2.2km
- Kambora Public School Primary K-6 Government 2.3km
- Holy Family Catholic Primary School Primary K-6 Catholic 2.4km
- St Martin's Catholic Primary School Primary K-6 Catholic 2.5km
- Highfields Preparatory and Kindergarten School Primary K-2 Independent 2.7km
- Masada College Combined K-12 Independent 2.8km
- Davidson High School Secondary 7-12 Government 2.9km
- Killara Public School Primary K-6 Government 2.9km
- Corpus Christi Catholic Primary School Primary K-6 Catholic 3.0km
- Mimosa Public School Primary K-6 Government 3.0km
- Lindfield Public School Primary K-6 Government 3.1km
- Roseville College Combined K-12 Independent 3.5km
- Brigidine College St Ives Secondary 7-12 Independent 3.6km
- Pymble Ladies' College Combined K-12 Independent 3.9km
- Northside Montessori School Combined K-10 Independent 4.2km
- Killarney Heights High School Secondary 7-12 Government 4.2km
- Lindfield Learning Village Combined K-12 Government 4.2km
- High School Campus for Yanginanook School Secondary Independent 4.3km
- Aurora College Secondary Government 4.3km
- Mercy Catholic College Secondary 7-12 Catholic 4.5km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Jessica Cao
Jessica Cao
9/50 Koola Avenue, East Killara NSW 2071
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Jessica Cao
9/50 Koola Avenue, East Killara NSW 2071