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255 Hobart Road Launceston, TAS 7250

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255 Hobart Road,
Launceston, TAS 7250

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Attractive 8% Yield Investment on Strong Growth Corridor

255 Hobart Road occupies a very successful fitness centre, very popular with the locals and is leased to motivated operators. Strategically located on the busy arterial of Hobart Road in Youngtown, a commonly known growth corridor only minutes to the Midland Highway and East Launceston precinct.

Features of 255 Hobart Road include:

- Attractive 8% yield
- Surrounded by strong retailers such as BWS Liquor, FRM Machinery and Tazzy Tyres
- Masses of car parking at rear
- New 3+3 year lease from January 2018
- Net rental income of $44,200pa

Certainly a property well worth considering if you are an astute investor looking for a great return!

For further details contact Marcus Douglas

Property ID: 502881646Last Updated: 22 Feb 2021

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255 Hobart Road
Launceston, TAS 7250

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