Retail Investment with Development Upside Renewed 5 year lease to Westpac plus option through to 2024. Westpac Limited, 3rd largest ASX company with market cap of $106 Billion (as at 27/05/2014). Tenant pays usual outgoings including Land Tax and insurance. Strategic 362 sqm site with 25 metre combined retail frontage and development upside (STCA). Immaculate 191 sqm 'sand stone' building, recently upgraded. Central to Woolworths, McDonalds and Chemist Warehouse etc. Sorell: growth satellite suburb, 24kms to Hobart CBD and 10 mins from Airport. Rent: $59,284 pa
AFFORDABLE BUSINESS PREMISES - SORELL COMMERCIAL SHOP OR OFFICE SPACE - Vacant Possession.
Explore the range of commercial uses for this freehold strata title premise located in a small commercial business hub in the thriving town of Sorell known as the gateway to the South East and East Coast. Consider this; The owners will be relocating their business to a fully mobile operation and are offering the freehold shop building for sale by negotiation with vacant possession; Stylish modern colonial faade with colorbond bull-nose verandah forming part of a row of commercial offices including Service Tasmania, solicitors office and...
Brand new outlet, brand new lease New 5 5 5 year lease.
Substantial 383m2* retail showroom completed 2011.
Salvos Stores - Award winning retailer with 220 outlets.
Annual CPI reviews / Tenant pays outgoings.
Sorell - Fast growing satellite suburb 24kms to Hobart CBD and 10 mins from Airport.
Local catchment population over 15,000 approx.
Gateway location to Tasmania’s east coast and Port Arthur tourist region.
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 64.
11AM AEDT Wednesday.
26 October 2011.
Premium Offering Over the past few decades, Orani Vineyard and Fruit Farm set in a beautiful location overlooking Pittwater near the historic township of Sorell has built a reputation for the production of super premium grapes for award-winning table wines and fresh in-season berries and stone fruit.
With the hard work done, the business and property is on the market ready for new owners to take it to the next level with room for expansion in all areas if desired and a diversified year-round income stream. Adding to future viability and sustainability is the recent completion of the South East Irrigation ...