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Solid investment with upside

17 Bayfield Street, ROSNY PARK TAS, 7018

Sold

Property Sold in 17 Bayfield Street, ROSNY PARK TAS, 7018

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000

Listing ID:
11351063
Status:
Sold
Price:
For Sale by Expressions of Interest
Last Updated:
07/08/2019
Icon building

Property Type

Offices/Retail
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Land Area

N/A
Icon size

Floor Area

814 SQM
Icon parking

Parking

N/A

Solid investment with upside

Outstanding opportunity to purchase a high profile commercial property in the heart of Rosny Park's commercial precinct, opposite the new GP super clinic, with future rental growth and development potential.

Rosny Park's commercial precinct is approximately 5 kilometres east of Hobart's city centre via the Tasman Bridge. Rosny Park is the largest commercial precinct on Hobart's Eastern Shore and services the south eastern region of Tasmania.

The property is 100% leased to four well established tenants with a WALE of approximately 4.4 years and has a current estimated Net Income of approximately $136,027 pa excl GST.

The building is of a modern, low maintenance construction and is lift serviced. It has a Gross Building Area of approximately 814 sqm and a Lettable Area of approximately 646 sqm. The property is complimented by 19 on-site car parking bays.

The site has an area of approximately 1,204 sqm and is currently zoned "Central Business". The rear section of the site adjoins a large public car park providing added convenience. The rear surplus/car park section of the site has potential for further development.

For more details, please email agent

Knight Frank Tasmania

5 Victoria Street, Hobart, TAS 7000


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