328 St Leonards Road St Leonards TAS 7250

Set and forget investment opportunities as good as this are nearly impossible to find in the current market for Greater Launceston. Under long term lease to popular and growing Bakery/Milk Bar Tenant, this property benefits from added long term rental growth by way of annual CPI increases (Hobart Index). 328 St Leonards Road is a perfect example of an entry level property for investors who are looking to either begin or add to their property portfolio.

Features include:
- 5 + 3 + 3 + 3 year lease from 1 February 2022
- Prime location on Main Road, immediately next door to St Leonards Primary School
- Tenant pays 100% of statutory outgoings including trade waste charges
- Annual CPI (Hobart Index) rent increases
- Flexible 'Local Business' zoning overlay
- Grease trap in situ
- St Leonards: one of Launceston's fastest growing suburbs
- $23,808pa net rent excl. GST

Occupied by a thriving tenant on a secure, long term lease, 328 St Leonards Road is a true set and forget investment.

For further details contact Joel Harwood.