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Ground Site, 328-332 Hobart Road, YOUNGTOWN, TAS, 7249

+6 Photos

+8 Photos

SOLD

Ground Site, 328-332 Hobart Road, YOUNGTOWN, TAS, 7249

Properties / Sold / Tasmania / Youngtown

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

EOI Closing Tuesday 20 April at 4pm

Floor Area

597 m² (*approx)

Property Type

Industrial, Retail

Sub-type

Office/Warehouse, Mixed Use

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2. Property Highlights

Multi-tenanted investment with "value add" opportunity

Fronting busy Hobart Road at Youngtown, this multi-tenanted property is now offered For Sale for the first time in over 35 years.

Dominant in the street-scape, the property has a land holding of approximately 2,500 sqm and is zoned "Commercial".

Current configuration includes three retail areas together with two warehouse / workshop facilities, plus extensive on-site parking.

The three retail areas are fully leased, as is one of the warehouses. The remainder warehouse of approx 180 sqm provides the opportunity for the site buyer to owner-occupy or to lease to a tenant and thereby increase the income return, which is currently approx. $44,500 net.

The whole site performs as a stealth investment in a prime position, with an income stream and the opportunity to "value-add".

Sale by Expressions of Interest Tuesday 20 April at 4pm.

Remember to mention you found this property on CommercialReady.com.au