Commercial Building in Reibey Street A rare opportunity to purchase a commercial building located in the middle block of Ulverstone's bustling Reibey Street. Currently leased to a florist (expiry 04/2017) the building has been used for many different purposes in the past.
Don't miss this investment opportunity.
ASX Top 20 Listed Tenant Secure 3 year lease to 2017 plus options through to 2023. Fixed 3% rent increases and to market at option. Substantial 782 sqm commercial corner site with 8 car spaces on title. Dual retail frontage of 58.54 metres. First floor guarantee to June 2017. Commanding two level 500 sqm period building constructed circa 1888. Central location amongst Coles, Harris Scarf, CBA, Australia Post etc. Ulverstone: busy coastal retail hub 15km west of Devonport and with a trade catchment circa of 20,000. Rent: $47,040.35 pa (Aug 2015).
Auction 11am AEST Wednesday 24 June River Room, Crown Casino, Melbourn...
New Lease to Subway: Multi National Tenant Brand new 3 year lease plus options through to 2027 to Subway Realty Pty Ltd. Annual rent reviews. Lessee pays all usual outgoings. 94 sqm building with capital intensive tenant fit out. Central 236 sqm retail site, with rear access and parking. Position perfect, central between Coles and McDonalds. Subway: 30,000+ restaurants across 87 countries. Ulverstone: Busy coastal hub 15km west of Devonport, trade catchment circa 20,000. Rent: $20,000 pa.
Interstate and local bidding by prior arrangement.
Auction 11am AEDT Wednesday 25 February River Room, Crown Casino
Entry Level Investment, Suit SMSF Secure 10 + 5 + 5 year lease to Subway Realty P/L.
Annual 5% minimum increases.
Extensively refurbished 94m2* building.
Large 236m2* site with rear access to parking.
Tenant pays all usual outgoings.
Tenant in occupation since 2004.
Prominently located close to Coles, McDonalds etc.
Subway – 37,881 restaurants in 98 countries.
Ulverstone – 15km* west of Devonport and with a coastal catchment. population of 20,000*
Rent: $22,033 pa*
Interstate bidding is available by prior arrangement.
To be auctioned as part of Burgess Rawson Investment Portfolio Auction 73.
FREEHOLD RETAIL SITE COMMERCIAL OPPORTUNITY OR INVESTMENT
With rear entrance backing on to a large carpark.
This is a rare opportunity to purchase freehold Reibey Street property in the centre of the busiest retail area in Ulverstone.
Situated at 21 Reibey Street is this substantial building with a 20 foot 7 inch frontage for window displays or advertising. It is opposite a Coles supermarket, shares a public carpark with Woolworths supermarket and is only a few metres from the Harvey Norman store.
Brand New Lease to Woolworths Subsidiary Brand new 7+7+7+7 year Lease to blue chip tenant, HTH Pty Ltd trading as Becks Timber & Hardware, 67% owned by Woolworths and 33% by Lowes (USA).
Important CBD location within Tasmania’s largest town, opposite IGA supermarket and major healthcare facility.
Significant 4,272m2* site with extensive street frontage and 32 car spaces on title.
Two retail showrooms and warehouse building totalling 2,244m2* recently rebadged to Becks branding and scheduled for internal refit at tenants expense.
Long established and proven hardware business.
Becks, a division of Home Timber & Hardware: Long es...