Teska Carson is pleased to offer Shop GX08 & 09, 3 Separation Street, Northcote Plaza for sale by Public Auction on Friday 17 May 2024 at 12pm on-site.

Shop GX08 & 09 provides a blue-chip investment opportunity, leased to one of the world’s leading medical diagnostic companies, Sonic Healthcare. This superb investment opportunity provides potential purchasers the ability to secure a flexible commercial asset in a tightly held shopping centre anchored by two Coles supermarkets and a mix of national and specialty retail tenants.

Key considerations for this rare opportunity are as follows:

- The property forms part of the highly successful and well established Northcote Plaza Shopping Centre and contains a brand new high-quality medical fit-out.

- New five (5) year lease with three (3) further terms of five (5) years

- Rental of $120,000 p.a. plus GST

- All outgoings paid by tenant including Land Tax

- Corner retail offering of 216m2* 

- Zoned Commercial 1

- Northcote Plaza offers 900 car spaces to its customers

- $500m mixed-use project approved at Northcote Plaza

For further information or to arrange an inspection, please call.