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DESCRIPTION:Brand New Metro Convenience Retail Investment in Booming Growth
  Corridor\nCBRE and Elders Commercial are pleased to offer to market the b
 rand new Vibe located at Lot 3/9 Commerce Drive\, Howrah (Hobart) TAS for 
 sale via Investment Portfolio Auction 189. \n\nThe property has the follow
 ing key investment highlights:\n\n+ Brand new 12 year lease to 2038 plus o
 ptions to 2058. \n+ Vibe: fast-growing fuel and convenience operator with 
 50+ locations across WA\, VIC & TAS. (1)\n+ Tenant pays all usual outgoing
  including building insurance and land tax. \n+ Fixed 3% annual rent incre
 ases\, ensuring growth.\n+ July 2026 construction providing significant ta
 x saving depreciation benefits.\n+ Immaculate 240sqm* Vibe service station
  incorporating retail store plus canopy with 8 fuel bowsers. \n+ Directly 
 adjoining high performing Coles anchored Glebe Hill Village SC.\n+ 946qm* 
 title with important 7 on-title sealed and lined car spaces.\n+ Situated i
 n key growth area with 3\,800 new homes planned/underway within primary tr
 ade area. (2)\n+ Greater Hobart: robust and steady economy with $17 Billio
 n gross regional product (GRP). (3)\n+ Tasmania: attracted a record 1.36 m
 illion overnight tourists in 2025 with visitor spend up 44% to $3.6 Billio
 n. (4)\n+ Net Income: $370\,000pa* + GST\n\n\nTo be sold via Investment Po
 rtfolio Auction 189\n10:30am AEDT Wednesday 9 December 2026\nPromenade\, C
 rown Casino\, Melbourne\n\n**Hungry Jack's Howrah and KFC Howrah are also 
 available for sale separately**\n\n*Approx\n1. Vibe Petroleum \n2. Locatio
 n IQ\n3. Profile.id\n4. Remarkable Destination
DTEND:20261209T113000
DTSTAMP:20261110T080030Z
DTSTART:20261209T103000
LOCATION:Crown Casino - Melbourne
SEQUENCE:0
SUMMARY:Auction: 3/9 Commerce Drive\, Howrah TAS
UID:CRE-2021314673-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Brand New Metro Convenience Retail In
 vestment in Booming Growth Corridor <br/> CBRE and Elders Commercial are p
 leased to offer to market the brand new Vibe located at Lot 3/9 Commerce D
 rive\, Howrah (Hobart) TAS for sale via Investment Portfolio Auction 189. 
  <br/>  <br/> The property has the following key investment highlights: <b
 r/>  <br/> + Brand new 12 year lease to 2038 plus options to 2058.  <br/> 
 + Vibe: fast-growing fuel and convenience operator with 50+ locations acro
 ss WA\, VIC & TAS. (1) <br/> + Tenant pays all usual outgoing including bu
 ilding insurance and land tax.  <br/> + Fixed 3% annual rent increases\, e
 nsuring growth. <br/> + July 2026 construction providing significant tax s
 aving depreciation benefits. <br/> + Immaculate 240sqm* Vibe service stati
 on incorporating retail store plus canopy with 8 fuel bowsers.  <br/> + Di
 rectly adjoining high performing Coles anchored Glebe Hill Village SC. <br
 /> + 946qm* title with important 7 on-title sealed and lined car spaces. <
 br/> + Situated in key growth area with 3\,800 new homes planned/underway 
 within primary trade area. (2) <br/> + Greater Hobart: robust and steady e
 conomy with $17 Billion gross regional product (GRP). (3) <br/> + Tasmania
 : attracted a record 1.36 million overnight tourists in 2025 with visitor 
 spend up 44% to $3.6 Billion. (4) <br/> + Net Income: $370\,000pa* + GST <
 br/>  <br/>  <br/> To be sold via Investment Portfolio Auction 189 <br/> 1
 0:30am AEDT Wednesday 9 December 2026 <br/> Promenade\, Crown Casino\, Mel
 bourne <br/>  <br/> **Hungry Jack's Howrah and KFC Howrah are also availab
 le for sale separately** <br/>  <br/> *Approx <br/> 1. Vibe Petroleum  <br
 /> 2. Location IQ <br/> 3. Profile.id <br/> 4. Remarkable Destination</P><
 /body></html>
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