151 Hobart Road,
Kings Meadows, TAS 7249

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Multi Tenanted Investment - Potential 9% Net Yield

This multi tenancy investment is proudly positioned within Launceston's pre-eminent satellite retail destination, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

- Boasting a potential fully leased annual net rental of $50,484pa
- Neighbouring global fast food giant, McDonalds
- Boasting immense daily traffic movements of approx. 17,000 plus vehicles
- Generous onsite customer and tenant parking at rear of the property

Kings Meadows is an established and growing business precinct with a significant trade catchment complimenting the above fundamentals further, resulting in 151 Hobart Road being a very attractive commercial investment option that should seriously be considered by the astute buyer.

Contact Marcus Douglas for further detail.

Property ID: 503509554Last Updated: 19 Feb 2021