Set and forget investment opportunities as good as this are nearly impossible to find in the Greater Launceston region. Under long term lease to popular Bakery/Milk Bar Tenant and with added long term rental growth by way of annual rent increases, 328 St Leonards Road is a perfect example of a lower price point property for investors to either begin or add to their property portfolio.

Features include:
- 5 + 3 + 3 + 3 year lease to term from 1 February 2022
- Prime location on the main road, immediately next door to St Leonards Primary School
- Tenant pays all usual outgoings including trade waste charges
- Annual CPI rent increases
- Flexible 'Local Business' zoning overlay
- Grease trap in situ
- St Leonards: slated as one of Launceston's growth hotspots
- $22,100pa net rent excl. GST

For further details contact Joel Harwood.