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Woolworths/6 Franklin Street Lindisfarne TAS 7015

  • Shop & Retail
  • 1,160 m²
  • Expressions of Interest

10.8 year WALE - Woolworths Supermarket in Tasmania

  • 20 year lease with 10.8 years remaining
  • Net Income: $512,000 (approx)
  • Strong rental growth

Knight Frank is pleased to offer for sale on an exclusive basis a rare opportunity to acquire a prized suburban Woolworths Supermarket in the affluent waterside suburb of Lindisfarne, Hobart.

Lindisfarne is located on Hobart's Eastern Shore, approximately 6km from the Hobart CBD. The property is strategically located within a local shopping village, servicing a direct customer catchment of over 6,000 local residents, with little competition or opportunities for the entry of a competitor in the future.

The improvements are located on an allotment of circa 2,066 sqm, with three frontages to; Wellington Road, Franklin Street and Derwent Avenue. The site has approximately 23 car parks, with additional council car parking immediately adjoining on Franklin Street.

This is an outstanding opportunity to secure a "AAA" rated tenanted investment with more than 10 years left to run on a 20 year lease with excellent and consistent rental growth.

EXPRESSION OF INTEREST

Closing date and time02/12/2021 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Hayden Peck
Knight Frank - Tasmania
Hayden Peck
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania

Property Highlights

Property ID2017385638
Floor Area1,160 m²
Land Area2,066 m²
Parking23 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  4 Nov 2021
Map for Woolworths/6 Franklin Street Lindisfarne TAS 7015
Map for Woolworths/6 Franklin Street Lindisfarne TAS 7015Woolworths/6 Franklin Street Lindisfarne TAS 7015
Hayden Peck
Knight Frank - Tasmania
Hayden Peck
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania

Property Highlights

Property ID2017385638
Floor Area1,160 m²
Land Area2,066 m²
Parking23 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  4 Nov 2021
Knight Frank - Tasmania
5 Victoria Street Hobart TAS 7000
Hayden Peck
Knight Frank - Tasmania
Hayden Peck
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania
Claude Alcorso
Knight Frank - Tasmania
Hayden Peck

Hayden Peck

Knight Frank - Tasmania

Claude Alcorso

Claude Alcorso

Knight Frank - Tasmania

0412 *** ***
0412 766 395

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