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118 King Street Sandy Bay, TAS 7005

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118 King Street,
Sandy Bay, TAS 7005

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Ripe Investment for the Picking

- High profile retail investment within the prestige residential suburb of Sandy Bay
- Fully leased to well known Tasmanian business “Salamanca Fresh” with a lease expiry of 24 January 2022 + 5 yrs + 5 yrs
- Current Net Rental of $105,340 pa + GST with annual CPI reviews and market value on exercise of each option period
- Very convenient location being situated on a prominent corner site of 278sqm (approx), within a built-up residential area
- Site is zoned ‘Inner Residential’
- The property has a Gross Building Area of 271sqm (approx)
- Great investment opportunity within the tightly held and much sought after locality of Sandy Bay.

Property ID: 502791506Last Updated: 25 Jul 2018

03 6220 69...
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118 King Street
Sandy Bay, TAS 7005
Elders Real Estate - Hobart
5 Victoria Street
HOBART, TAS 7000

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