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01. Point of Interest 02. Point of View
Property Features
Tenancy Schedule
05. Property Particulars
06. Location 07. Appendices Floor Plan Plan of Subdivision
Public Auction: Wednesday 9th October 2024 at 12pm on site.
A suburb necessity, and a lease certainty — investing in a vital medical provider is the safest prescription for portfolio stability. Amcal Pharmacy has been servicing the community on this high-profile corner of Rowville Lakes Shopping Centre for many years.
They’ve built a loyal customer base, with the lease renewing for another five years beginning in November 2024 for $62,000 per annum plus GST and outgoings. It’s easy to see why they have, the positioning here grants them prime frontage to Kelletts Road and Lawrence Way, and the ample public parking makes pulling up and dashing in a breeze. You’re also sharing clientele with IGA, Barry Plant, Simple Wellness Myotherapy, and a strip of other well-established retailers. The 691 bus stops outside your door, while Stud Road only sits 1.9 km* from here.
Jarrod Moran | 0413 251 621
jarrod.moran@cva melbourne
“Please change lead in and listing quote tile to the following.”
The key word you’re looking for is knowledge. It’s Jarrod’s established market understanding, extensive business experience and strong work ethic defined by motivation and dedication, that makes him a seasoned asset not just to CVA but to your day to day. And it’s this energy that amplifies opportunity — in Melbourne, in the market and in the minds of his clients.
Stan Dawidowski | 0400 448 755
stan.dawidowski@cva melbourne
“Prescription for success: Prime location, trusted tenant, five-year certainty.”
It’s old school work ethic meets new school adaptability. The Itthat Stan brings to your property transaction is one that cannot be taught — only developed over time. He’s a specialist in project work, off-the-plan sales and the current status of the market. It’s his willingness to share this professional advice with you that has Stan’s customers transitioning to clients before final contracts are signed.
Charlie Hicks | 0420 643 202
jarrod.moran@cva melbourne
“Prime position, trusted tenant – Amcal Pharmacy is your next winning move.”
Naturally business and strategy minded, but with the credentials to back it up — Charlie has a Bachelor of Business and Arts that keeps his processes sharp and campaigns organised. In saying that, his intuition has driven a large part of his success, from his relationship-building to the trust he fosters between colleagues and clients alike.
A prime suburban investment opportunity awaits with this essential medical provider—an Amcal Pharmacy that has been a cornerstone of the Rowville Lakes Shopping Centre for years. With a loyal customer base and a lease renewal secured for five more years starting November 2024, this property offers $62,000 per annum plus GST and outgoings, ensuring a stable and reliable return.
The pharmacy enjoys unbeatable visibility at the bustling intersection of Kelletts Road and Lawrence Way, with ample public parking for easy access. Situated alongside wellestablished neighbors like IGA, Barry Plant, and Simple Wellness Myotherapy, the location benefits from a strong and steady flow of customers. Conveniently, the 691 bus stops right outside, and Stud Road is just 1.9 km* away, enhancing the accessibility of this high-profile spot.
- Rowville Lakes Pharmacy Service Pty Ltd (Trading as Amcal+ Pharmacy Rowville Lakes)
- 5-year lease renewed from 1st November 2024.
- Rental of $62,000 per annum plus GST and outgoings.
- 99 sqm* building area on a superior corner at Rowville Lakes Shopping Centre.
- Ample communal parking with dual access via Kelletts Road and Lawrence Way.
- 1.9 km* to Stud Road.
TENANCY SCHEDULE
Tenant
Current rental
Rowville Lakes Pharmacy Service Pty Ltd (Trading as Amcal+ Pharmacy Rowville Lakes)
$62,000 p.a + GST and outgoings
Lease terms Five (5) years
Commencement date 1st November 2024
Further terms
Rental reviews
Outgoings
Five (5) years + Five (5) years
3% Annual increases + Market review at options
Payable by Tenant as per lease (Excl. Land Tax)
Founded in 1937 as Allied Master Chemists of Australia Limited (A.M.C.A.L.), Amcal has grown into one of Australia’s most trusted pharmacies. Known for consistently putting patients first, Amcal provides reliable answers and dependable solutions.
The company’s long-standing success is built on a commitment to delivering accurate information and offering advice from trustworthy professionals. With a pharmacist available at each of the 200-plus Amcal outlets, customers can always expect friendly service and expert guidance.
Principle Outgoings
Council Rates:
Water Rates:
Owners Corporation:
Land Tax:
Title particulars
$2,906.15 p.a* (2024)
$873.88 p.a* (2024)
$7,005.60 p.a* (2024)
$975 p.a* (2024) (Single Holding)
Certificate of Title — Volume 09907 Folio 404 Lot 2 on Plan of Subdivision 032683K
Zoning Commercial 1 Zone (CIZ)
Municipality
City of Knox
All signs point to: Kelletts Road
Kelletts Road in Rowville, Victoria, is a prominent and bustling commercial corridor within a well-established and rapidly growing suburb. Here are some key aspects and benefits of purchasing property in this area:
High Visibility and Traffic Exposure:
Kelletts Road is a major arterial road experiencing significant daily traffic, providing excellent visibility for businesses. A property here enjoys a prime frontage, maximising exposure to a large volume of passing motorists daily, making it ideal for businesses seeking high visibility.
Diverse Commercial Opportunities:
The area is home to a mix of retail outlets, cafes, and professional services, contributing to a vibrant commercial environment. This diversity attracts a steady flow of potential customers, enhancing the appeal for any business operating on Kelletts Road.
Strong Local Amenities:
Kelletts Road is close to a wide range of amenities, including shopping centres, cafes, and restaurants, which enhance the location’s appeal for both customers and employees. The proximity to these services supports a lively commercial atmosphere.
Connectivity and Accessibility:
The property benefits from excellent connectivity, with close proximity to major transport routes like the Monash Freeway (M1) and Eastlink (M3). These routes ensure easy access to Melbourne’s CBD and surrounding areas, making the location highly accessible for both customers and employees.
Residential and Commercial Synergy:
Rowville’s blend of residential and commercial areas creates a supportive environment where local residents frequently patronise nearby businesses. This synergy results in a stable customer base and a strong community connection.
Growing and Established Area:
Rowville is known for its suburban charm, with ample green spaces and reputable schools. The area’s ongoing development and growth make it a strategic choice for businesses looking to invest in a thriving community with a positive long-term outlook.
AND THE POINT?
Strategic. Visible. Connected. Kelletts Road in Rowville, Victoria, offers high visibility and strong traffic exposure, making it ideal for businesses. With a vibrant mix of retail and professional services, excellent connectivity, and a growing local community, it’s a strategic investment opportunity in a thriving suburb.
All signs point to: Rowville
Rowville, located 27 km southeast of Melbourne’s CBD, is a family-friendly suburb known for its wellplanned residential estates, ample green spaces, and strong community vibe. The suburb offers a wide range of amenities, including the Stud Park Shopping Centre for daily needs, and proximity to Westfield Knox Shopping Centre for more extensive shopping options. Rowville is also wellregarded for its educational facilities, with several primary schools like Rowville Primary School and Park Ridge Primary School, as well as Rowville Secondary College, which offers specialised programs.
Healthcare services are readily accessible, with local clinics and proximity to Angliss Hospital in Upper Ferntree Gully and Knox Private Hospital in Wantirna South. Transport links are excellent, with the Monash Freeway (M1) and Eastlink (M3) providing easy access to the CBD and other key areas. The housing market in Rowville is diverse,
featuring contemporary homes, established family houses, and townhouses, typically on larger blocks, making it attractive to families. Overall, Rowville offers a balanced lifestyle with suburban tranquillity, excellent schools, and convenient access to city amenities, making it a highly desirable location in Melbourne’s southeast.
And the point?
Rowville is a prime location for commercial investment, offering excellent transport links, a growing population, and strong community appeal. Its proximity to major amenities and a thriving residential base makes it ideal for retail, office, or service-based businesses looking to tap into a vibrant, family-oriented market.
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