328 St Leonards Road St Leonards TAS 7250

Set and forget investment opportunities as good as this are nearly impossible to find in the Greater Launceston region. Under long term lease to popular Bakery/Milk Bar Tenant and with added long term rental growth by way of annual rent increases, 328 St Leonards Road is a perfect example of a lower price point property for investors to either begin or add to their property portfolio.

Features include:
- 5 + 3 + 3 + 3 year lease to term from 1 February 2022
- Prime location on the main road, immediately next door to St Leonards Primary School
- Tenant pays all usual outgoings including trade waste charges
- Annual CPI rent increases
- Flexible 'Local Business' zoning overlay
- Grease trap in situ
- St Leonards: slated as one of Launceston's growth hotspots
- $22,100pa net rent excl. GST

For further details contact Joel Harwood.