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151 Hobart Road Launceston TAS 7250

  • Retail
  • Floor Size353 m²
  • PriceFor Sale, $675,000

Multi Tenanted Investment on Busiest Suburban Retail Strip

This Multi tenancy investment is proudly positioned in Launcestons dominant suburban retail destinations, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

. Fully leased to 4 separate tenants realising an annual Net Rental of $47,460 Pa
. Neighbours a Global fast food outlet - McDonalds
. Long term potential for further development potential to add another level STCA
. Boasting traffic movements of approx. 8,000 plus vehicles daily
. Generous onsite car parking to the rear of the property.

Kings Meadows is an established and growing business centre with a significant trade catchment with the above fundamentals further underpinning 151 Hobart Rd as an attractive commercial investment option.

Contact the agent for further detail.

Property Highlights

Property ID2015342521
Floor Area353 m²
Land Area667 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  10 Jun 2019
Map for 151 Hobart Road Launceston TAS 7250
Shepherd & Heap Estate Agents
49 Cameron Street Launceston TAS 7250

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