Subway, 92 Gilbert Street,
Latrobe, TAS 7307
Shops & Retail • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Subway, 92 Gilbert Street
Latrobe, TAS 7307
Map of Subway, 92 Gilbert Street
New 7 Year Lease to Leading Franchisee - 24 Stores & Growing
- New 7 Year 'Head Office' Company Lease
- Net Lease, Plus Fixed 3% Increases
- Major Store Upgrade in 2022
+ Brand new 7 + 5 + 5 year ‘Head Office’ lease to 2038
+ Tenant pays all usual outgoings
+ Fixed 3% increases – assuring rental growth
Major store tenant upgrade proposed in 2022
+ Subway: World’s largest restaurant chain with 40,000+ stores
+ Long proven leading franchisee with 24 stores and growing, including 10 stores in Tasmania,
+ 456sqm site which includes with triple frontage and exposure including frontage to Station Square and rear council carpark
+ Includes a residential tenancy at rear of building – long term occupant
+ Central main road location, amongst BWS, IGA Supermarket, Australia Post, Vinnies, CBA, Reject Shop, Mitre 10,m Pharmacy, Dentist
+ Latrobe – retail and commercial capital of Latrobe Council - catchment population 11,300, 8 kms from Devonport
+ Net Income: $45,916 pa + GST
For Sale by Investment Portfolio Auction
11:15am (AEDT) Thursday 11 November 2021
+ Tenant pays all usual outgoings
+ Fixed 3% increases – assuring rental growth
Major store tenant upgrade proposed in 2022
+ Subway: World’s largest restaurant chain with 40,000+ stores
+ Long proven leading franchisee with 24 stores and growing, including 10 stores in Tasmania,
+ 456sqm site which includes with triple frontage and exposure including frontage to Station Square and rear council carpark
+ Includes a residential tenancy at rear of building – long term occupant
+ Central main road location, amongst BWS, IGA Supermarket, Australia Post, Vinnies, CBA, Reject Shop, Mitre 10,m Pharmacy, Dentist
+ Latrobe – retail and commercial capital of Latrobe Council - catchment population 11,300, 8 kms from Devonport
+ Net Income: $45,916 pa + GST
For Sale by Investment Portfolio Auction
11:15am (AEDT) Thursday 11 November 2021
Property ID: 503927530Last Updated: 10 Jan 2022
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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