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94B Hobart Road
Kings Meadows TAS 7249
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Sold on 11 Nov 2022

94B Hobart Road Kings Meadows TAS 7249

  • Shop & Retail
  • 86 m²
  • Sold, $590,000

Affordable Blue Chip Investment - 8 year lease with 7 year option to 2031

Occupying a prime position along Hobart Road in Launceston's busiest shopping precinct with immense exposure to busy retail strip with neighbours including Westpac, Subway and Zap gym. Rear frontage to SCA's booming Coles anchored 29 tenancy centre.

- Full refurbishment by tenant in 2018 - A1 condition
- Fixed annual 4% increases
- Tenant pays all outgoings including building insurance
- 5m Retail frontage
- Flight Centre: 350 Stores Nationally
- Rent: $32,240pa (ex GST) from March 23

An outstanding low maintenance asset to begin or add to any investment portfolio.

For further details contact Blake Shepherd.

Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold11 Nov 2022
Sold Price$590,000
Floor Area86 m²
Land Area105 m²
ParkingAsk Agent
Property ID2018163563
Category
Last updated  11 Nov 2022
Map for 94B Hobart Road Kings Meadows TAS 7249

Nearest transport* to 94B Hobart Road Kings Meadows TAS 7249

Bus
Stop 13, No.111 Hobart Rd50 m
Stop 13, No.86-88 Hobart Rd62 m
Stop 14, No.139 Hobart Rd213 m
Stop 14, No.118 Hobart Rd215 m
Data source: Metro Tasmania Pty Ltd (Metro)
*Within a 4km radius
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Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold11 Nov 2022
Sold Price$590,000
Floor Area86 m²
Land Area105 m²
ParkingAsk Agent
Property ID2018163563
Category
Last updated  11 Nov 2022

Listed by

Blake Shepherd
Blake Shepherd
Shepherd & Heap Estate Agents
Call
0417 820 820

More about 94B Hobart Road Kings Meadows TAS 7249

94b Hobart Road Kings Meadows TAS 7249 is categorized as Shop & Retail Property. It has a floor area of 86 m² and a land area of 105 m². The listing ID for this property is 2018163563.

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