92 Gilbert Street, LATROBE, TAS, 7307

- Brand new 7 + 5 + 5 year 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 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 For further details contact Ian Singline