Renewed lease to May 2023 plus options to 2033.
Salvos Stores: Successful government funded retail chain with over 300 stores nationally.
Annual CPI rent reviews / Tenant pays usual outgoings.
Modern and well presented 383 sqm retail showroom constructed 2011 with parking on-title.
Prominent freehold title of 647 sqm with premium Business Zoning.
Single tenant minimum management investment.
Sorell: Growing satellite suburb of Hobart on key tourist route as evidenced by the retail presence of Coles, Woolworths, McDonald’s, KFC, major banks etc.
Rent: $78,135 pa
Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne
For more details, please email agent