Unit 3, 111 Hill Street,
West Hobart, TAS 7000
Shops & Retail • Medical & Consulting
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
Unit 3, 111 Hill Street
West Hobart, TAS 7000
Map of Unit 3, 111 Hill Street
Bus stops within 5 km of Unit 3, 111 Hill Street, West Hobart, TAS 7000 Distance Stop 17, No.3 Lansdowne CR 75 m No.19 Hamilton Street (School Stop) 98 m Stop 18, No.118a Hill St 142 m Stop 18, No.131 Hill St 177 m CNR Lansdowne CR Petty St 269 m POWERED BY HERE ©
POWERED BY HERE ©
Boutique inner-city leased investment
- Leased to national pharmacy franchise
- Popular inner city location
- 5.8* years remaining plus options
This high quality, simple and affordable retail investment has it all.
It occupies a high-profile corner position within the tightly held Hill Street precinct of the popular inner-city locality of West Hobart. It is situated opposite the Smolt Kitchen café/restaurant, and along the road from the upmarket Hill Street grocer.
The property has a long trading history as a chemist, and currently operates as “TerryWhite Chemmart” and has approximately 5.8 years remaining on a 10 year lease plus 2 further 5 year options. The current Net Rental is $55,190* pa + GST.
The property is very well presented and is complimented by one off-street car park on title, as well as ample on-site car parking plus upgraded street scape with angled parking and pedestrian crossing adjacent.
This quality retail asset ticks all of the boxes and is one to be seriously considered.
The property is for sale via Expressions of Interest closing Thursday, 4th April 2024.
*Approximately
It occupies a high-profile corner position within the tightly held Hill Street precinct of the popular inner-city locality of West Hobart. It is situated opposite the Smolt Kitchen café/restaurant, and along the road from the upmarket Hill Street grocer.
The property has a long trading history as a chemist, and currently operates as “TerryWhite Chemmart” and has approximately 5.8 years remaining on a 10 year lease plus 2 further 5 year options. The current Net Rental is $55,190* pa + GST.
The property is very well presented and is complimented by one off-street car park on title, as well as ample on-site car parking plus upgraded street scape with angled parking and pedestrian crossing adjacent.
This quality retail asset ticks all of the boxes and is one to be seriously considered.
The property is for sale via Expressions of Interest closing Thursday, 4th April 2024.
*Approximately
Property ID: 504541812Last Updated: 2 May 2024
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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