Burgess Rawson is pleased to offer to market the Domino's-anchored 'Rokeby Place' retail centre located at 27 South Arm Road, Rokeby TAS for sale via Private Treaty.
The property has the following key investment highlights:
+ Affordable entry level retail investment.
+ Diverse retail tenancy mix secured by Domino's, Taste of Kebabs, Just Dogs Grooming, and Native Body Bar.
+ Domino's: global pizza chain operator with a network of more than 3,800 store locations.(1)
+ Taste of Kebabs: Successful and popular local fast-food provider.
+ Just Dogs Grooming: established local operator (since 2016) offering appointment only dog grooming service.
+ Native Body Bar: All service beauty salon with convenient central location servicing Rokeby and its surrounding suburbs.
+ Attractive CPI, 3% and 3.5% annual rent increases.
+ Investor preferred net lease terms with tenants responsible for all outgoings including land tax as per lease.
+ Well maintained 515sqm*retail building offering access to on-site car parking via common area.
+ High profile main road landholding with frontage to South Arm Road, providing exposure to 15,500+ passing vehicles daily. (2)
+ Conveniently located metres from complementary national retailers Ampol, Australian Glass Group, Vinnies, and IGA.
+ Situated amongst a significant educational precinct 5 schools within a 1.3-kilometre radius. (2)
+ Rokeby: Situated just 9 kilometres from Hobart CBD and with a median house price of $586,000. (3)
+ Hobart: Tasmania's administrative capital with a population in excess of 250,000 residents. (4)
+ Tasmania: Has lead the nation in key economic drivers 9 out of the last 10 quarters to January 2023 in CommSecs's State of the States report. (5)
+ Est. Combined Net Income: $130,219 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed sales team for more information.
1 Domino's
2 GapMaps
3 ***
4 reit
5 commsec
