RWC Tasmania is excited to offer for sale, for the first time in over 15 years, this quality owner-occupier or investor opportunity, located in the heart of Sandy Bay's prestigious "Golden Mile."
This high calibre property is located on the corner of Sandy Bay Road and Queen Street, within the heart of Sandy Bay's tightly held commercial precinct, surrounded by established and well known brands including Coles, Woolworths, United Petroleum, Viva Energy, Zambrero, Chemist Warehouse, Banjos, just to name a few.
The building has a gross area of 280 sqm*, comprising three tenancies, each equipped with a kitchenette and essential amenities. The site also benefits from seven (7) on-title off-street car parks and an expansive upstairs deck with all day sun.
The site is zoned 'General Business,' offering a diverse range of potential uses^, with a net passing holding income of $66,402* from two of the tenancies.
Given the scarcity of owner-occupier stock, flexible lease structures, on-site parking, and the high profile location, this asset presents a unique opportunity that should be seriously considered by all potential buyers, as properties of this quality are rarely available in the open market.
The property is available for sale via Expressions of Interest, with submissions closing Thursday, 1st May 2025 at 4pm (AEST).
*Approx
^Subject to Council approval