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151 Hobart Street
Kings Meadows TAS 7249
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Sold on 15 Jun 2020

151 Hobart Street Kings Meadows TAS 7249

  • Shop & Retail
  • 353 m²
  • Sold

Multi Tenanted Investment - Potential 9% Net Yield

This multi tenancy investment is proudly positioned within Launceston's pre-eminent satellite retail destination, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

- Boasting a potential fully leased annual net rental of $50,484pa
- Neighbouring global fast food giant, McDonalds
- Boasting immense daily traffic movements of approx. 17,000 plus vehicles
- Generous onsite customer and tenant parking at rear of the property

Kings Meadows is an established and growing business precinct with a significant trade catchment complimenting the above fundamentals further, resulting in 151 Hobart Road being a very attractive commercial investment option that should seriously be considered by the astute buyer.

Contact Marcus Douglas for further detail.

Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold15 Jun 2020
Floor Area353 m²
Land Area667 m²
ParkingAsk Agent
Property ID2016171891
Category
 Shop & Retail
Last updated  26 Jun 2020
Map for 151 Hobart Street Kings Meadows TAS 7249

Nearest transport* to 151 Hobart Street Kings Meadows TAS 7249

Bus
Train
Tram
Ferry
Stop 14, No.118 Hobart Rd64 m
Stop 14, No.139 Hobart Rd66 m
No.6 Blaydon St132 m
Stop 15, No.165 Hobart Rd161 m
Data source: Metro Tasmania Pty Ltd (Metro)
 *Within a 4km radius
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Shepherd & Heap Estate Agents
Shepherd & Heap Estate Agents
49 Cameron Street
Launceston, TAS 7250

Property Highlights

Date Sold15 Jun 2020
Floor Area353 m²
Land Area667 m²
ParkingAsk Agent
Property ID2016171891
Category
 Shop & Retail
Last updated  26 Jun 2020

Listed by

Marcus Douglas
Marcus Douglas
Shepherd & Heap Estate Agents
Call
0429 820 820

Enquire about this property

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            More about 151 Hobart Street Kings Meadows TAS 7249

            151 Hobart Street Kings Meadows TAS 7249 is categorized as Shop & Retail Property. It has a floor area of 353 m² and a land area of 667 m². The listing ID for this property is 2016171891.

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