57 Punchbowl Road Punchbowl TAS 7249

Returning a current gross annual rental of $43,230.00 ex GST across two tenancies, on a single title of some 693m2 and situated prominently on the corner of Punchbowl Road and Gallopers Rise, this is a great opportunity to secure a fully leased versatile property. Comprising both a commercial and residential tenancy offering not only two income streams, but also exposure to two property market segments, hedging against vacancy.

The residential tenancy is a well-appointed, comfortable, 3 bedroom home with polished timber floors, air-conditioning, modern kitchen dining area opening onto a private deck along with bathroom, sunroom and toilet. In addition is a good-sized yard and garage. The commercial tenancy comprises an open plan work and breakout space with a kitchen area, ideally suited to the current tenants requirements. It is very nicely fitted out and offers accessible toilet facilities, extensive frontage, air-conditioning, and natural gas connection. The extensive deck area provides a competitive advantage for any business occupying the site, it is easy to see people enjoying a coffee, a light meal, or working on a project in the warmth of the morning and early afternoon sun.

With occupancy across both tenancies assured until the first quarter of 2027 at the earliest, here is a chance to secure an asset offering a diversified rental return with security of tenure, add to this the prominent position and very appealing General Residential zoning and you have a property making a great addition to an existing property portfolio, or an entry point to start your portfolio.

Please note the building area advised should be treated as an approximate area.

The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property.

Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.