40 Ferry Road, KETTERING TAS 7155
Investment property - $465,000 - 9% net yield
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- 15 Sep 2016
Pasha's at Kettering
Fantastic location 35 minutes from Hobart, only 300m from the Bruny Island Ferry Terminal, and has commanding views over Tasmania's fastest marina development.
The premies has been trading 45 years and operates as a Turkish style cafe and takeaway with seating for 36.
The separate residence adjacent contains a lounge/kitchenette, 2 bedrooms and a bathroom with shower and toilet.
The property is contained on 1 title, encompassing 1,118sqm (approx) including surplus grassed land at the rear.
Ferry Road is the access point to the Bruny Island Ferry which continues to record large increases in visitor numbers.
The owner is prepared to leaseback to an investor for 10 years + 5 years and annual rent of $44,000 plus GST which will provide a net yield exceeding 9%.
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
40 Ferry Road KETTERING