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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.

    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

    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
    49 Cameron Street Launceston TAS 7250

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