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70 Main Road, MOONAH TAS, 7009

Sold
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Property Sold in 70 Main Road, MOONAH TAS, 7009

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11251837
Status:
Sold
Last Updated:
25/05/2020
Price:
Price on Request
Icon building

Property Type

Retail/Showrooms/Bulky Goods
Icon square

Land Area

668 SQM
Icon size

Floor Area

762 SQM
Icon parking

Parking

N/A

CBA Investment Trophy

Renewed 5 year lease to 2021, plus 5 year option through to 2026
Fixed 3% annual rent increases - assuring rental growth
Commonwealth Bank: Largest listed company on the Australian Securities Exchange with a market cap rate of $145 billion (July 2017)
CBA pay usual outgoings including Land Tax
Large 668 sqm site with retail frontage of 15.2 metres
Modern two level 762 sqm building with capital intensive tenant fit-out
Central ‘Golden Mile’ position amongst many national retailers including Australia Post and close to Moonah Central SC – Woolworths etc
Excellent taxation saving depreciation
Moonah: one of Tasmania’s most populous residential precincts only 5kms from Hobart CBD
Rent: $113,609 pa

Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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