CBRE as the exclusive sales agent are pleased to present to market 133 Rowe Street, Eastwood. Ideally positioned on Eastwood's eccentric, living and breathing Rowe Street, the property represents an exciting opportunity to acquire a strong retail freehold medical investment.
Leased to an essential non-discretionary pharmacy tenant Mazzei's Pharmacy providing secure and resilient income. Strong lease terms are highlighted via a 5 year term to 2028 with an option to 2033, desirable 3% annual rental increases.
133 Rowe Street, Eastwood benefits from the following key attributes;
5 year lease to 2028 with 5 year option to 2033
Rental reversion opportunities via an estimated gross passing rent of $393,760* per annum plus GST
Desirable income growth via 3% annual rental increases
Secured by an essential non-discretionary pharmacy tenant providing secure and resilient income
Comprising an internal area of 428sqm* on a 300sqm* land parcel
Positioned in an excellent location within Eastwood's city centre on the public esplanade of Rowe Street subject to premium exposure
In proximity to a myriad of local amenity including a short walk to Eastwood Train Station, bus station, local parks and convenient public car parks for staff and customers
Opposite Eastwood Shopping Centre which is imminent for redevelopment under the Eastwood Masterplan
133 Rowe Street, Eastwood is For Sale via an onsite Public Auction on Thursday 1st of May 2025 at 1:00pm (AEST).
For more information and access to the Due Diligence, please contact the exclusive CBRE selling agents.
*Approx. Outline & Labels Indicative. Subject to Council Approval (STCA).