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Elders Real Estate - Hobart

85 Channel Highway Kingston, TAS 7050

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85 Channel Highway,
Kingston, TAS 7050

Shops & Retail • Offices • Development Sites & Land

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Elders Real Estate - Hobart
Claude Alcorso

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
04175867...
Elders Real Estate - Hobart
85 Channel Highway
Kingston, TAS 7050

Map of 85 Channel Highway

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Flexible, highway fronting commercial asset

  • Future development potential (STCA)
  • Zoned: 'Inner Residential'
  • Invest, Owner occupy or develop
We are pleased to offer for sale on an exclusive basis this versatile and well-presented property, located in tightly held Kingston commercial precinct, fronting busy Channel Highway.

The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.

The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.

The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.

Property ID: 504347508Last Updated: 17 Apr 2024

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