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36 Cole Street
Sorell TAS 7172
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Sold on 25 Jun 2014

36 Cole Street Sorell TAS 7172

  • Shop & Retail
  • 362 m²
  • Sold

Retail Investment with Development Upside

Renewed 5 year lease to Westpac plus option through to 2024.
Westpac Limited, 3rd largest ASX company with market cap of $106 Billion (as at 27/05/2014).
Tenant pays usual outgoings including Land Tax and insurance.
Strategic 362 sqm site with 25 metre combined retail frontage and development upside (STCA).
Immaculate 191 sqm 'sand stone' building, recently upgraded.
Central to Woolworths, McDonalds and Chemist Warehouse etc.
Sorell: growth satellite suburb, 24kms to Hobart CBD and 10 mins from Airport.
Rent: $59,284 pa

Auction 1:30pm Wednesday 25 June.
Temporary Relocation: Crown Conference Centre.
25 Whiteman St, Southbank, Opposite Crown Towers.

AUCTION

Auction date and time25/06/2014 13:30
Auction locationCrown Casino

Property Highlights

Date Sold25 Jun 2014
Floor AreaAsk Agent
Land Area362 m²
ParkingAsk Agent
Property ID2011217228
Category
Last updated  15 Aug 2016
Map for 36 Cole Street Sorell TAS 7172

Property Highlights

Date Sold25 Jun 2014
Floor AreaAsk Agent
Land Area362 m²
ParkingAsk Agent
Property ID2011217228
Category
Last updated  15 Aug 2016

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

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