151 Hobart Road, LAUNCESTON – $675,000

Multi Tenanted Investment on Busiest Suburban Retail Strip

Retail/Shops/Service Stations

This Multi tenancy investment is proudly positioned in Launceston’s dominant suburban retail destinations, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

. Fully leased to 4 separate tenants realising an annual Net Rental of $47,460 Pa
. Neighbours a Global fast food outlet - McDonalds
. Long term potential for further development – potential to add another level STCA
. Boasting traffic movements of approx. 8,000 plus vehicles daily
. Generous onsite car parking to the rear of the property.

Kings Meadows is an established and growing business centre with a significant trade catchment with the above fundamentals further underpinning 151 Hobart Rd as an attractive commercial investment option.

Contact the agent for further detail.

Property Info

Agent Contact

Marcus Douglas

marcus@shepherdheap.com.au

0429820820


Property Type

Retail/Shops/Service Stations


Land Area

667sqm


Building Area

353 sqm


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