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Shepherd & Heap Pty Ltd - LAUNCESTON

83 High Street Campbell Town, TAS 7210

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83 High Street,
Campbell Town, TAS 7210

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Price information

Sold

$450,000

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Land area

Floor area

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Shepherd & Heap Pty Ltd - LAUNCESTON
Joel Harwood

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
04488208...
Shepherd & Heap Pty Ltd - LAUNCESTON
83 High Street
Campbell Town, TAS 7210

Map of 83 High Street

Directions

A Sweet Investment With Future Development Potential

Here is the only commercial investment currently available in Campbell Town, the number 1 stop between Hobart and Launceston. Boasting development upside and stable income from long standing Tenant, this property is very low maintenance and hassle free.

Extremely well positioned next door to a popular Ampol service station and Subway, the property benefits from a steady stream of passing trade. Occupying a large 1,032m2 largely flat parcel of land this property could easily be developed in the future to further spread risk and benefit from additional income streams.

Features include:
- A1 location in the heart of Campbell Town on Highway 1
- Longstanding and popular tenant
- Tenant pays all usual outgoings
- Underpinned by annual CPI rent increases
- Development upside
- Sizeable 1,032m2 land area
- Net rent: $23,454pa + GST (considered below market)

The long term future of the site is bright, and clear opportunities are available for those wanting to add value for further growth - certainly a property that must be considered.

For further details contact Joel Harwood.

Property ID: 504003963Last Updated: 12 May 2022

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