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Shepherd & Heap Pty Ltd - LAUNCESTON

94B Hobart Road Kings Meadows, TAS 7249

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94B Hobart Road,
Kings Meadows, TAS 7249

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$590,000

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Shepherd & Heap Pty Ltd - LAUNCESTON
Blake Shepherd

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
04178208...
Shepherd & Heap Pty Ltd - LAUNCESTON
94B Hobart Road
Kings Meadows, TAS 7249

Map of 94B Hobart Road

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Affordable Blue Chip Investment - 8 year lease with 7 year option to 2031

Occupying a prime position along Hobart Road in Launceston's busiest shopping precinct with immense exposure to busy retail strip with neighbours including Westpac, Subway and Zap gym. Rear frontage to SCA's booming Coles anchored 29 tenancy centre.

- Full refurbishment by tenant in 2018 - A1 condition
- Fixed annual 4% increases
- Tenant pays all outgoings including building insurance
- 5m Retail frontage
- Flight Centre: 350 Stores Nationally
- Rent: $32,240pa (ex GST) from March 23

An outstanding low maintenance asset to begin or add to any investment portfolio.

For further details contact Blake Shepherd.

Property ID: 504191951Last Updated: 27 Jan 2023

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