255 Hobart Road, LAUNCESTON – $550,000
Attractive 8% Yield Investment on Strong Growth Corridor
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