Sydney

Chemist Warehouse to open fourth Northern Beaches outlet

The relocation of a Brookvale Holden car dealership will pave the way for Chemist Warehouse’s fourth outlet on Sydney’s northern beaches.

16 Apr 2019

The relocation of a Brookvale Holden car dealership will pave the way for Chemist Warehouse’s fourth outlet on Sydney’s northern beaches. 

Chemist Warehouse has signed a five-year lease (with five-year option) on the freehold property at 2-4 Roger Street, which housed Col Crawford Holden for several decades. Chemist Warehouse will occupy the corner section of the property, with the remaining 410sqm space still available for lease.  

The property is located in a prime corner position adjacent to established marine operator Whitworths, with excellent exposure to Pittwater Road and Cross Street.  The property provides onsite parking for 18 vehicles. 

CBRE’s Amy Pfeiffer negotiated the lease on behalf of Col Crawford Pty Ltd for an annual net rental of approximately $500 per square metre. 

“Previously home to one of the northern beaches’ most well-known car dealerships, the site is arguably one of the best retail locations in Brookvale. The proximity of the premises to both Warringah Mall and Pittwater Road was a major drawcard for the national chemist retailer,” Ms Pfeiffer said.For Australian/international news or global stories, follow us on Twitter: @cbreaustralia

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.