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Multi Tenanted Investment on Busiest Suburban Retail Strip

151 Hobart Road, LAUNCESTON TAS, 7250

For Sale

Property for Sale in 151 Hobart Road, LAUNCESTON TAS, 7250

Listing ID:
11349880
Status:
Active
For:
Sale
Price:
Contact Marcus Douglas
Last Updated:
01/11/2019
Icon building

Property Type

Retail
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Land Area

667 SQM
Icon size

Floor Area

353 SQM
Icon parking

Parking

0

Multi Tenanted Investment on Busiest Suburban Retail Strip

This Multi tenancy investment is proudly positioned in Launceston's dominant suburban retail destinations, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

- When fully leased the site returns an annual Net Rental of $50,484 Pa
- Neighbours a Global fast food outlet - McDonalds
- Long term potential for further development - potential to add another level STCA
- Boasting traffic movements of approx. 8,000 plus vehicles daily
- Generous onsite car parking to the rear of the property.

Kings Meadows is an established and growing business centre with a significant trade catchment with the above fundamentals further underpinning 151 Hobart Rd as an attractive commercial investment option.

Contact the agent for further detail.

For more details, please email agent

Shepherd & Heap

49 Cameron Street, Launceston, TAS 7250


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