3 Showrooms For Sale in Glenorchy, TAS

Long WALE Retail Opportunity

The property provides a rare opportunity to acquire a landmark property of substantial proportions that is strategically located within the centre of Hobart’s preferred showroom precinct.

- Fully leased retail complex with a long WALE of approximately 9 years.
- Strong lease covenants to national tenants Supercheap Auto, RSEA, Baby Bunting, and market leading Tasmanian automotive company Jackson Motor Company (JMC).
- Estimated Net Income (as at 1 November 2018) of $1,127,695 pa + GST.
- Landmark property situated in the heart of Hobart’s preferred showroom precinct of Derwent Park wi...

Claremont Newsagency Complex

- Located on the main road in front of the Claremont Village Shopping Centre with bitumen sealed parking in front of the tenancies.

- Contained on 3 Strata titles with a land area of 1,360sqm (approx) and a building size of 722sqm (approx).

- Constructed in 2006 with a concrete tilt panel and roof decking. The complex includes five tenancies plus store facilities and parking for the 3 main tenancies.

- Tenancies include a newsagency, dental mechanic, two ATMs and a laundrette.

- Current net rental income of $127,699 (est) provides a solid yield of 8% on the asking price of $1,600,...

CBA Investment Trophy

Renewed 5 year lease to 2021, plus 5 year option through to 2026
Fixed 3% annual rent increases - assuring rental growth
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay usual outgoings including Land Tax
Large 668 sqm site with retail frontage of 15.2 metres
Modern two level 762 sqm building with capital intensive tenant fit-out
Central ‘Golden Mile’ position amongst many national retailers including Australia Post and close to Moonah Central SC – Woolworths etc
Excellent taxation saving depreciation
Mo...