Skip to main content
151 Hobart Street
Kings Meadows TAS 7249
SearchBack to results
Sold on 15 Jun 2020

151 Hobart Street Kings Meadows TAS 7249

  • Shop & Retail
  • 353 m²
  • Sold

Multi Tenanted Investment - Potential 9% Net Yield

This multi tenancy investment is proudly positioned within Launceston's pre-eminent satellite retail destination, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

- Boasting a potential fully leased annual net rental of $50,484pa
- Neighbouring global fast food giant, McDonalds
- Boasting immense daily traffic movements of approx. 17,000 plus vehicles
- Generous onsite customer and tenant parking at rear of the property

Kings Meadows is an established and growing business precinct with a significant trade catchment complimenting the above fundamentals further, resulting in 151 Hobart Road being a very attractive commercial investment option that should seriously be considered by the astute buyer.

Contact Marcus Douglas for further detail.

Property Highlights

Date Sold15 Jun 2020
Floor Area353 m²
Land Area667 m²
ParkingAsk Agent
Property ID2016171891
Category
Last updated  26 Jun 2020
Map for 151 Hobart Street Kings Meadows TAS 7249

Property Highlights

Date Sold15 Jun 2020
Floor Area353 m²
Land Area667 m²
ParkingAsk Agent
Property ID2016171891
Category
Last updated  26 Jun 2020
49 Cameron Street Launceston TAS 7250

More Shop & Retail for Sale in Kings Meadows TAS

Sold$590,000
94b hobart road,kings meadows, TAS 7249
86 m²
Shop & Retail
Sold
145 hobart road,kings meadows, TAS 7249
564 m²
Shop & Retail
Sold$120,000
18/2 innocent street,kings meadows, TAS 7249
61 m²
Shop & Retail