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83 High Street
Campbell Town TAS 7210
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Sold on 16 Feb 2022

83 High Street Campbell Town TAS 7210

  • Shop & Retail
  • 185 m²
  • Sold, $450,000

A Sweet Investment With Future Development Potential

    Here is the only commercial investment currently available in Campbell Town, the number 1 stop between Hobart and Launceston. Boasting development upside and stable income from long standing Tenant, this property is very low maintenance and hassle free.

    Extremely well positioned next door to a popular Ampol service station and Subway, the property benefits from a steady stream of passing trade. Occupying a large 1,032m2 largely flat parcel of land this property could easily be developed in the future to further spread risk and benefit from additional income streams.

    Features include:
    - A1 location in the heart of Campbell Town on Highway 1
    - Longstanding and popular tenant
    - Tenant pays all usual outgoings
    - Underpinned by annual CPI rent increases
    - Development upside
    - Sizeable 1,032m2 land area
    - Net rent: $23,454pa + GST (considered below market)

    The long term future of the site is bright, and clear opportunities are available for those wanting to add value for further growth - certainly a property that must be considered.

    For further details contact Joel Harwood.

    Property Highlights

    Date Sold16 Feb 2022
    Sold Price$450,000
    Floor Area185 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Property ID2017586279
    Category
    Last updated  17 Feb 2022
    Map for 83 High Street Campbell Town TAS 7210

    Property Highlights

    Date Sold16 Feb 2022
    Sold Price$450,000
    Floor Area185 m²
    Land Area1,032 m²
    ParkingAsk Agent
    Property ID2017586279
    Category
    Last updated  17 Feb 2022

    Listed by

    Joel Harwood
    Shepherd & Heap Estate Agents
    Call
    0448 820 820

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