Entry Level Retail Investment

  • UNDER OFFER
Suite 4 27 South Arm Road ROKEBY TAS AUS
  • Commercial
  • Property Type
  • 235
For Sale

Entry Level Retail Investment

Suite 4 27 South Arm Road ROKEBY TAS AUS
  • UNDER OFFER

Overview

  • Commercial
  • Property Type
  • 235

Description

Brick and Castle is pleased to present an excellent investment opportunity with the sale of the Mechanical Shop located at 27 South Arm Road, Rokeby TAS.
Key highlights of this property include:

* Affordable Entry-Level Retail Investment: Ideal for investors looking to start or expand their portfolio.
* Prime Location in ‘Rokeby Place’ Retail Center: Surrounded by popular tenants like Domino’s, Taste of Kebabs, Just Dogs Grooming, and Native Body Bar.
* Attractive Annual Rent Increases: CPI annual rent increases, ensuring long-term growth.
* Investor – Favored Net Lease: Tenant responsible for outgoings (including land tax, water rate, council rate)
* Net rent: $26,000 p.a. + GST
* Lease term: 3+3 years
* Landlord pays body cop fee

* Proximity to National Retailers: Nearby Ampol, Australian Glass Group, Vinnies, and IGA.
* Convenient On-Site Parking: Shared access via the common area.
* Education Hub: Surrounded by 5 schools within a 1.3 km radius.
* Close to Hobart CBD: Only 9 km away

This opportunity is perfectly positioned for investors seeking stable returns in a high-growth area.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

  • Address Suite 4 27 South Arm Road
  • City ROKEBY
  • State/county Tasmania
  • Zip/Postal Code 7019
  • Country Australia

Details

Updated on November 19, 2024 at 9:28 pm
  • Price: UNDER OFFER
  • Property Size: 235 m²
  • Property Type: Commercial
  • Property Status: For Sale

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