Here is the only commercial investment currently available in Campbell Town, the number 1 stop between Hobart and Launceston. Boasting development upside and stable income from long standing Tenant, this property is very low maintenance and hassle free.
Extremely well positioned next door to a popular Ampol service station and Subway, the property benefits from a steady stream of passing trade. Occupying a large 1,032m2 largely flat parcel of land this property could easily be developed in the future to further spread risk and benefit from additional income streams.
Features include:
- A1 location in the heart of Campbell Town on Highway 1
- Longstanding and popular tenant
- Tenant pays all usual outgoings
- Underpinned by annual CPI rent increases
- Development upside
- Sizeable 1,032m2 land area
- Net rent: $23,454pa + GST (considered below market)
The long term future of the site is bright, and clear opportunities are available for those wanting to add value for further growth - certainly a property that must be considered.
For further details contact Joel Harwood.