» »
Invest in a Slice of the Bay

118 King Street, SANDY BAY TAS, 7005

For Sale

Property for Sale in 118 King Street, SANDY BAY TAS, 7005

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000

Listing ID:
11378101
Status:
Active
For:
Sale
Price:
For Sale by Offer
Last Updated:
25/03/2020
Icon building

Property Type

Retail
Icon square

Land Area

278 SQM
Icon size

Floor Area

271 SQM
Icon parking

Parking

N/A

Invest in a Slice of the Bay

High profile retail investment within the prestige residential suburb of Sandy Bay.

Low maintenance investment that is fully leased to well known Tasmanian business "Salamanca Fresh" with a lease expiry of 24 January 2022 + 5 yrs + 5 yrs.

The current Net Rental is $110,803 pa + GST with annual CPI reviews and market value on exercise of each option period.

Very convenient location being situated on a prominent corner site of 278 sqm (approx), within a built-up residential area and within close proximity to the University of Tasmania.

The property was extended and substantially refurbished in 2012 providing a good, modern standard of retail accommodation.

Great investment opportunity within the tightly held and much sought after locality of Sandy Bay.

For more details, please email agent

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000


More properties from Knight Frank Tasmania
Sold
103-104/29 Channel Highway, KINGSTON TAS, 7050

103-104/29 Channe...

Hotel/Leisure
For Sale
125-129 Esplanade, STRAHAN TAS, 7468

125-129 Esplanade...

Hotel/Leisure
For Lease
41-43 Sunderland Street, DERWENT PARK TAS, 7009

41-43 Sunderland ...

Industrial/WarehouseShowrooms/Bulky Goods
For Lease
168 Collins Street, HOBART TAS, 7000

168 Collins Stree...

Offices
For Lease
Ground/86 Collins Street, HOBART TAS, 7000

Ground/86 Collins...

OfficesMedical/Consulting
For Lease
Shop/123 Bathurst Street, HOBART TAS, 7000

Shop/123 Bathurst...

Retail
More properties from Sandy Bay
For Lease
14 Magnet Court, SANDY BAY TAS, 7005

14 Magnet Court, ...

Retail
For Sale
SANDY BAY TAS, 7005

SANDY BAY TAS, 7005

Hotel/Leisure
For Lease
Shop/14G Magnet Court, SANDY BAY TAS, 7005

Shop/14G Magnet C...

RetailOfficesMedical/Consulting
For Sale
118 King Street, SANDY BAY TAS, 7005

118 King Street, ...

Retail
Sold
184-186 Sandy Bay Road, SANDY BAY TAS, 7005

184-186 Sandy Bay...

Retail
For Lease
7a/ Magnet Court, SANDY BAY TAS, 7005

7a/ Magnet Court,...

Offices
Loading...