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High Profile Mixed Use Investment

70-74 Mersey Main Road, SPREYTON TAS, 7310

Sold

Property Sold in 70-74 Mersey Main Road, SPREYTON TAS, 7310

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310

Listing ID:
11321743
Status:
Sold
Price:
$1,100,000 + GST (if applicable)
Last Updated:
08/08/2019
Icon building

Property Type

Retail/Showrooms/Bulky Goods
Icon square

Land Area

N/A
Icon size

Floor Area

986 SQM
Icon parking

Parking

N/A

High Profile Mixed Use Investment

Knight Frank is pleased to offer for sale a well-positioned asset comprising four retail tenancies and a dwelling located at 70-74 Mersey Main Road, Spreyton.

This property is ideal for investors seeking a fully leased main road property with multiple tenancies.

Knight Frank recommends close consideration and highlights the following investment qualities:

- Located on a main arterial road
- Comprises one large tenancy, three shops and dwelling
- Combined site area 2,350sqm (approx)
- Diverse tenancy mix across four tenancies
- Well exposed and adaptable tenancies
- Ample on-site parking
- Estimated net income (before owners outgoings) of approximately $95,476.51
- Anticipated return of 8.67% based on asking price

70-74 Mersey Main Road, Spreyton is being offered for sale at $1,100,000+ GST (if applicable).

For further details or to arrange an inspection, please contact Nicholas Bond of Knight Frank.

For more details, please email agent

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310


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