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NAI Harcourts Hobart - Hobart

41 Cecilia Street St Helens, TAS 7216

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41 Cecilia Street,
St Helens, TAS 7216

Shops & Retail • Offices

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Attractive Tenanted Investment – St Helens, Tasmania

  • Great Investment
  • Great location
  • Income Upside
Located with an excellent profile in the centre of town, 41 Cecilia Street provides investors solid exposure to the popular St Helens market.

Occupying a site area of 525m2 with a building area of some 321m2, the property is divided into three leased areas overall.

Bendigo Bank is the existing anchor tenant-and will commence a new five-year term in February of 2023. Adjacent to the Bendigo bank entry is a second ATM leased by banking services provider Prosegur on a three-year lease that commenced in August this year. The third tenancy, currently occupied by a real estate firm, will be occupied by local gallery operator with a new five-year term scheduled to commence in November this year.

With a current net rental of $65,287 rising to $70,762 by February 2023, the property presents as an enviable investment ideally suited to investors or SMSF’s.

The property is for sale by Expressions of Interest which closes on Friday 18 November 2022

For further information please contact Nick Oliver

Property ID: 504183887Last Updated: 18 Jan 2023

NAI Harcourts Hobart - Hobart

Suite 1, Ground Floor, 181 Elizabeth Street
HOBART, TAS 7000
04126681...
NAI Harcourts Hobart - Hobart
41 Cecilia Street
St Helens, TAS 7216
NAI Harcourts Hobart - Hobart
Suite 1, Ground Floor, 181 Elizabeth Street
HOBART, TAS 7000

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