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Ground Site/328-332 Hobart Road Youngtown TAS 7249

  • Shop & Retail
  • 597 m²
  • Expressions of Interest

Multi-tenanted investment with "value add" opportunity

    Fronting busy Hobart Road at Youngtown, this multi-tenanted property is now offered For Sale for the first time in over 35 years.
    Dominant in the street-scape, the property has a land holding of approximately 2,500 sqm and is zoned "Commercial".
    Current configuration includes three retail areas together with two warehouse / workshop facilities, plus extensive on-site parking.
    The three retail areas are fully leased, as is one of the warehouses. The remainder warehouse of approx 180 sqm provides the opportunity for the site buyer to owner-occupy or to lease to a tenant and thereby increase the income return, which is currently approx. $44,500 net.

    The whole site performs as a stealth investment in a prime position, with an income stream and the opportunity to "value-add".

    Sale by Expressions of Interest Tuesday 20 April at 4pm.

    EXPRESSION OF INTEREST

    Closing date and time20/04/2021 16:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Property ID2016889498
    Floor Area597 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  29 Mar 2021
    Map for Ground Site/328-332 Hobart Road Youngtown TAS 7249
    Map for Ground Site/328-332 Hobart Road Youngtown TAS 7249Ground  Site/328-332 Hobart Road Youngtown TAS 7249
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Property Highlights

    Property ID2016889498
    Floor Area597 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  29 Mar 2021
    Knight Frank Launceston
    54 Cameron Street Launceston TAS 7250

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