Overview

Ray White Retail is pleased to present the opportunity to acquire the Terry White pharmacy located in Ferny Grove. This property is being offered for sale by auction on Friday, March 20, 2026, at 9:45 AM (AEST) at Level 26, 111 Eagle Street, Brisbane City.

Property Highlights:

• Single-tenanted medical investment with a new 5-year lease.
• 133 sqm pharmacy situated in a prominent retail center with seven tenancies.
• Net income of $133,660 plus GST per annum.

Location Advantages:

• Located 12 kilometers northwest of the Brisbane CBD.
• High visibility with exposure to over 146,300 vehicles weekly.
• 24 on-site car parks available for tenant use.
• Only 300 meters from the Ferny Grove train station, which includes a 905-bay park and ride facility.

Investment Potential:

• Options to extend the lease until 2041.
• Additional income from a prominent billboard on the property.
• Consistent customer traffic due to neighboring doctors' clinics.
• Rich history as a pharmacy in this location for over 20 years.

This property presents a rare entry-level opportunity in the Brisbane healthcare market, with fixed annual rental increases of 4%. The combination of a strong tenant and a strategic location makes this an attractive investment.

Location