255 Hobart Road, LAUNCESTON – $550,000

Attractive 8% Yield Investment on Strong Growth Corridor

Retail/Shops/Service Stations

255 Hobart Road occupies a very successful fitness centre, very popular with the locals and is leased to motivated operators. Strategically located on the busy arterial of Hobart Road in Youngtown, a commonly known growth corridor only minutes to the Midland Highway and East Launceston precinct.

Features of 255 Hobart Road include:

- Attractive 8% yield
- Surrounded by strong retailers such as BWS Liquor, FRM Machinery and Tazzy Tyres
- Masses of car parking at rear
- New 3+3 year lease from January 2018
- Net rental income of $44,200pa

Certainly a property well worth considering if you are an astute investor looking for a great return!

For further details contact Marcus Douglas

Property Info

Agent Contact

Marcus Douglas

marcus@shepherdheap.com.au

0429 820 820


Property Type

Retail/Shops/Service Stations


Land Area

1128sqm


Building Area

420 sqm


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