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DESCRIPTION:Secure 10 Year Lease | Premium Corner Site | Development Upside
 \nElders Commercial is pleased to present an outstanding large format reta
 il investment securely leased to Tas Trucks and offering the rare combinat
 ion of long-term income security and genuine development upside. \n+ 10 Ye
 ar Lease to Tas Trucks to 2035 plus one (1) further five (5) year option t
 hrough to 2040\, currently returning a total net income of $629\,530 pa + 
 GST + Outgoings\n+ Annual rental increases are the greater of 3% or CPI\, 
 ensuring long term compounding income growth\n+ Landlord favorable net lea
 se terms with tenant responsible for usual outgoings including single hold
 ing land tax and building insurance.\n+ Commanding 11\,972 sqm* corner fre
 ehold landholding at the intersection of Hobart Road and Kings Meadows Lin
 k \n+ Recently refurbished and extended building\, comprising approximatel
 y 2\,150 sqm* of lettable area with a good mix of showroom\, workshop\, st
 orage and office accommodation with extensive Hardstand fronting the Kings
  Meadows Link Road\, upgraded in 2024 \n+ Development Approval over 1\,248
  sqm* of surplus land for a 493 sqm* showroom/warehouse\, with a two-year 
 leaseback at $70\,000 p.a. + GST providing holding income during the devel
 opment period.\n\nPlease contact one of the listing agents for more inform
 ation or to arrange a site inspection.\n\n*Approximate
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DTSTAMP:20261012T005947Z
DTSTART:20261105T160000
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SUMMARY:Expression Of Interest: Entire Property/242 & 246 - 250 Hobart Road
 \, Youngtown TAS
UID:CRE-2021230060-EOI
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>Secure 10 Year Lease | Premium Corner
  Site | Development Upside <br/> Elders Commercial is pleased to present a
 n outstanding large format retail investment securely leased to Tas Trucks
  and offering the rare combination of long-term income security and genuin
 e development upside.  <br/> + 10 Year Lease to Tas Trucks to 2035 plus on
 e (1) further five (5) year option through to 2040\, currently returning a
  total net income of $629\,530 pa + GST + Outgoings <br/> + Annual rental 
 increases are the greater of 3% or CPI\, ensuring long term compounding in
 come growth <br/> + Landlord favorable net lease terms with tenant respons
 ible for usual outgoings including single holding land tax and building in
 surance. <br/> + Commanding 11\,972 sqm* corner freehold landholding at th
 e intersection of Hobart Road and Kings Meadows Link  <br/> + Recently ref
 urbished and extended building\, comprising approximately 2\,150 sqm* of l
 ettable area with a good mix of showroom\, workshop\, storage and office a
 ccommodation with extensive Hardstand fronting the Kings Meadows Link Road
 \, upgraded in 2024  <br/> + Development Approval over 1\,248 sqm* of surp
 lus land for a 493 sqm* showroom/warehouse\, with a two-year leaseback at 
 $70\,000 p.a. + GST providing holding income during the development period
 . <br/>  <br/> Please contact one of the listing agents for more informati
 on or to arrange a site inspection. <br/>  <br/> *Approximate</P></body></
 html>
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