Located on a high profile corner amongst strong national and local company 322 Hobart Road is currently divided into three separate tenancies in it's current configuration and lends itself to the astute investor benefitting from spread risk across the three tenancies or of course owner occupiers who may require the entire site or part whilst benefiting from the passive income of other tenants.
322 Hobart Road is home to long standing tenants, Air Liquide (listed on Paris Stock Exchange), Kings Meadows Floor Coverings Centre who are currently monthly at will but have both been in occupation for over 20 years plus an associated entity of the vendor who can either lease for up to 6 months to provide investors time to secure a replacement tenant or relocate for owner occupiers.
Features include:
- High profile corner with nearly 80m of frontage
- Excellent signage opportunities
- Spread risk across three tenancies
- Close to major arterials and Launceston Airport
- 720m2 building area, 1,247m2 title area
- 'Commercial' zoning overlay suitable for Bulky Goods Sales, Storage, Retail, Manufacturing, -
- Community Meeting just to name a few (STCA)
- Current holding income of $84,577.57pa NET
For further details contact Blake Shepherd or Joel Harwood.
