Freehold at the Imperial Arcade Stratum Title 68msq
Freehold at the Imperial Arcade Stratum Title Shop area 68msq approx Long Term investment property Iconic Café Landmark Operating for over 30 years as a Café Shop 5 / 138 Collins Street are centrally located on the Ground Floor within the Imperial Arcade at 138 Collins Street Hobart, directly opposite the re-developed entrance to the Cat and Fiddle Arcade.
Located in the heart of the Hobart CBD. The Shop is within walking distance from the famous Salamanca Place and Market, the waterfront, parks, museums, shopping, cafes, pubs and restaurants. The Tourist Information Centre, supermarket, banks as well as public transport are also just a stones throw away.
The current tenant enjoys the use of 8 cover tables in Hallway Plus inside dining Surrounded by Backpackers Imperial Hotel in Hobart, And various other shops within this unique arcade The current tenant has a 8 year lease The current tenant pays all out goings including Body corporate fees
Gross current rent Per month lease has 8 years to run, also the rent is $3593.85 per month + 3% yearly increases. The stratum Property only (Business not included)
Freehold sale only Expressions of interest Offers around $600, 000 Private Sale
All enquiries to The Marketing Manager Rob Davies 0411958121
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Purchase price
$
600,000
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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