Whole Property/171-173A Elphin Road Newstead TAS 7250

Elders Commercial are delighted to offer to market a fully leased asset in a blue-chip retail strip.

Comprising three tenancies in a tightly held location, 171-173a Elphin Road offers investors a diversified tenancy mix with ample off-street parking. The property lends itself to a variety of alternate uses including medical (STCA).

The property has high exposure to Elphin Road, and benefits from surrounding businesses including Coles, Zap Fitness, Newstead Medical Centre, Newstead Hotel and 9/11 Bottle Shop.

Key features of the property include:

- Net income of $94,276*
- WALE of 2 years* providing ultimate flexibility
- Varity of alternate usage including medical (STCA)
- 7* off street carparks
- Proximity to national tenants
- High volumes of foot and vehicle traffic
- Long standing tenants
- Great signage options for tenants

For further details or to inspect, please contact Fletcher Seymour or Cale Ayres.

*Approx