1853 Midlands Highway, BAGDAD TAS 7030
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- 20 Oct 2016
Tenanted Investment - fuel your portfolio
“Heritage Highway Roadhouse” has been a long term fixture on the trip north out of Hobart.
Comprising 2335 sqm of highway fronting land, the property includes fuel tanks, a workshop, retail store, and a residence to the rear including 2 bathrooms and up to 4 bedrooms.
Currently tenanted, with new 3 year lease from April 2015 with 2 further options of 3 years.
Asking price of $590,000 reflects government valuation and approximate 10% net return.
Inspections strictly by appointment only.
For further information or arrange an inspection for this property, please contact Ian Reed.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
1853 Midlands Highway BAGDAD