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New Town, TAS 7008
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High Yielding, Securely Leased Tenancy - 9.75% net return.
Edwards Windsor have been appointed to offer for sale this high quality, strata titled commercial unit, leased to an established not for profit organisation.
The property is located on the eastern side of Tower Road, New Town, approximately 6 kilometers north of the Hobart CBD.
Accommodation comprises a reception area, central hallway, a number of partitioned offices, training room, separate tea room and two male and female toilets.
We understand the tenancy has a gross building area of approximately 547 sqm.
The premises is leased to a not for profit organisation, Star Tasmania, with the lease expiring in January 2018, at a current gross rental of $90,000 per annum.
The current net income is estimated at approximately $74,984 per annum.
The tenancy is available for sale individually or as one entity with the adjoining suite.
Please call for more information.
The property is located on the eastern side of Tower Road, New Town, approximately 6 kilometers north of the Hobart CBD.
Accommodation comprises a reception area, central hallway, a number of partitioned offices, training room, separate tea room and two male and female toilets.
We understand the tenancy has a gross building area of approximately 547 sqm.
The premises is leased to a not for profit organisation, Star Tasmania, with the lease expiring in January 2018, at a current gross rental of $90,000 per annum.
The current net income is estimated at approximately $74,984 per annum.
The tenancy is available for sale individually or as one entity with the adjoining suite.
Please call for more information.
Property ID: 500906475Last Updated: 18 Mar 2014
03 6234 55...
Address available on request
New Town, TAS 7008
Edwards Windsor - HobartLevel 2, 89 Brisbane Street
HOBART, TAS 7000
HOBART, TAS 7000
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