42 Gibson Street,
Smithton, TAS 7330

On behalf of Van Diemen's Land Dairy Pty Ltd, we are delighted to present to the market a low-cost investment opportunity in Smithton.

Located in a mixed-use area accessed off the main street in Smithton, this cool store facility offers a solid return for limited capital outlay.

Featuring a five-year lease with 2 x 5 year options to Van Diemen's Land Dairy, and the tenant responsible for all outgoings, this investment provides a net income of $8,000 plus GST pa (approx), with the upside of future residential development potential on the un-utilised vacant land component (STCA).

The property is For Sale by Private Treaty at offers over $120,000 + GST (if applicable).

For further information or to arrange an inspection, please contact Nicholas Bond or Clinton O'Keefe.