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Prominent corner shop investment with combined residence

96 Albert Road, MOONAH TAS, 7009

For Sale

Property for Sale in 96 Albert Road, MOONAH TAS, 7009

Listing ID:
Offers over $599,000
Last Updated:
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Property Type

Icon square

Land Area

392 SQM
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Floor Area

175 SQM
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Prominent corner shop investment with combined residence

**Following current REIA guidelines, all viewings are now being conducted by private inspection only. Due to COVID-19 open homes are no longer possible, so please contact us to arrange your private viewing. If you are interested in a virtual inspection, please contact us to discuss this possibility.

Located on the corner of Albert Road and Central Avenue this property is sure to tick all the boxes. A mix-use dwelling with 10 metres approx. of shop frontage plus a two-bedroom residence.

Operating food business with a lease in place till April 2020 with a 4 year option. The property also has in recent years an upgraded grease trap and the Colour bond roof replaced.

The residence has private access with off street parking at the rear of the property. Comprising two generous size bedrooms with high ceilings, two bathrooms that both include laundry areas, separate living or possible third bedroom and a combined kitchen and dining.

Currently leased at $33,872 plus GST and outgoings per annum - with the option of 4 years to commence from the 1st of May 2020 at $39,000 per annum currently in negotiation.

Moonah has a great mix of residential, major shopping, retail, light industrial, restaurants, cafes and sits in a high growth area.

This is a must look for the astute investor.

- Excellent street exposure on busy Albert Road

- Recently upgrade to grease trap

- Gas heating

- Plenty of internal storage

- Land size 392sqm approx.

- Property size 88sqm approx. shop floor and remaining accommodation 87sqm approx.

- 5.3kms to Hobart city center

*** Please note shed is not included ***

The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.

For more details, please email agent

Falls Real Estate

370-374 Elizabeth Street, North Hobart, TAS 7000

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