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20 Church Street, Geeveston, Tas 7116

20 Church Street, Geeveston, Tas 7116

Retail Land/Development

  • Sold Contact Agent
  • Mon 18-Mar-19

Retail Investment Opportunity Offering a High Return

  • Close to a 11% return fully leased
  • Full Tenanted Investment
  • Main Tenant on new 5-year lease

  • Land Area
  • 1604.00 m² (approx)
  • Floor Area
  • 410 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Mar 31, 2019
  • Municipality
  • Huon Valley
  • Parking Comments
  • Multipul spaces to side and rear of property
  • Zoning
  • Local Business

Interested in this property? Contact an Agent today

NAI Harcourts Hobart - Hobart

Level 2, 147 Macquarie Street

Hobart Tas 7000

Warrick Hobart

Retail Investment Opportunity Offering a High Return

This investment property comprises four (4) leased retail tenancies. The anchor tenant "The Wall of Lollies" has a new 5-year lease. The other Tenancies include Masaki Sushi, an established fabric shop and new grocers to the rear.

The current annual net rental of $41,083.64 provides a great opportunity for a return close to 11%.

Located over two titles, the property is situated on a large 1,604 m2 block with plenty of parking and an area of land to the rear providing a potential development opportunity (STCA).

Located on Church Street in the heart of Geeveston, the property is located approximately 22 km from Huonville, 60 km from Hobart.

Contact Warrick Hobart from NAI Harcourts for more information and to arrange an inspection.

20 Church Street, Geeveston, Tas 7116

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