BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Trophy Corner. Iconic Tenant for 50+ Years. Net Lease with Ult imate Expiry 2039\nElders Commercial is pleased to present for sale 10811 2 Sandy Bay Road\, Sandy Bay\, one of Hobart's most iconic corner investm ents\, home to Casa Monde Lighting Specialists for over 50 years. This is a rare opportunity to acquire a freehold retail asset underpinned by an exceptional tenant profile within one of Hobart's most high-profile and t ightly held precincts.\n\nPositioned at the intersection of Quayle Street and Sandy Bay Road\, approximately 1km from the Hobart CBD\, Salamanca P lace\, Battery Point and the Sandy Bay retail precinct\, the property ben efits from outstanding exposure to thousands of daily vehicle and pedestr ian movements. The high-traffic location\, combined with surrounding nati onal retailers and established local amenity\, reinforces the asset's lon g-term retail appeal.\n\nUnderpinned by secure net income and a long-stan ding tenant covenant\, the property represents a trophy investment opport unity at an affordable price\, offering investors a genuine chance to sec ure one of Hobart's most recognisable and tightly held corner positions.\ n\nKey Highlights:\n Prime corner position at Sandy Bay Road and Quayle S treet\, offering exceptional exposure and street presence.\n Long-standin g tenant Casa Monde Lighting Specialists\, occupying the property for ove r 50 years.\n Net lease structure returning $53\,523 + GST* per annum**\, with minimal landlord outgoings.\n Five-year lease term with an ultimate expiry of December 2039\, providing secure long-term income.\n High-prof ile location approximately 1km* from Hobart CBD\, Salamanca Place and Bat tery Point.\n Surrounded by major national retailers including Woolworths \, Coles\, Dan Murphy's\, Chemist Warehouse\, Commonwealth Bank and Shell Express.\n\nThe property is offered for sale via Expressions of Interest closing Thursday 21st May 2026 at 4:00pm (AEST).\n\nFor further informat ion or to arrange an inspection\, please contact George Burbury or James Black.\n\n*Approximate **Before owner outgoings DTEND:20260521T160000 DTSTAMP:20260429T040546Z DTSTART:20260521T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 108-112 Sandy Bay Road\, Sandy Bay TAS UID:CRE-2020797233-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Trophy Corner. Iconic Tenant for 50 + Years. Net Lease with Ultimate Expiry 2039
Elders Commercial is p leased to present for sale 108112 Sandy Bay Road\, Sandy Bay\, one of Hob art's most iconic corner investments\, home to Casa Monde Lighting Specia lists for over 50 years. This is a rare opportunity to acquire a freehold retail asset underpinned by an exceptional tenant profile within one of Hobart's most high-profile and tightly held precincts.

Posit ioned at the intersection of Quayle Street and Sandy Bay Road\, approxima tely 1km from the Hobart CBD\, Salamanca Place\, Battery Point and the Sa ndy Bay retail precinct\, the property benefits from outstanding exposure to thousands of daily vehicle and pedestrian movements. The high-traffic location\, combined with surrounding national retailers and established local amenity\, reinforces the asset's long-term retail appeal.
Underpinned by secure net income and a long-standing tenant covenant\ , the property represents a trophy investment opportunity at an affordabl e price\, offering investors a genuine chance to secure one of Hobart's m ost recognisable and tightly held corner positions.

Key High lights:
Prime corner position at Sandy Bay Road and Quayle Street\ , offering exceptional exposure and street presence.
Long-standing tenant Casa Monde Lighting Specialists\, occupying the property for over 50 years.
Net lease structure returning $53\,523 + GST* per annum **\, with minimal landlord outgoings.
Five-year lease term with an ultimate expiry of December 2039\, providing secure long-term income. High-profile location approximately 1km* from Hobart CBD\, Salamanca Place and Battery Point.
Surrounded by major national retailers i ncluding Woolworths\, Coles\, Dan Murphy's\, Chemist Warehouse\, Commonwe alth Bank and Shell Express.

The property is offered for sal e via Expressions of Interest closing Thursday 21st May 2026 at 4:00pm (A EST).

For further information or to arrange an inspection\, please contact George Burbury or James Black.

*Approximate * *Before owner outgoings

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