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6 Franklin Street, LINDISFARNE, TAS, 7015
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6 Franklin Street, LINDISFARNE, TAS, 7015

2. Property Highlights

10.8 year WALE - Woolworths Supermarket in Tasmania
  • 20 year lease with 10.8 years remaining
  • Net Income: $512,000 (approx)
  • Strong rental growth

Knight Frank is pleased to offer for sale on an exclusive basis a rare opportunity to acquire a prized suburban Woolworths Supermarket in the affluent waterside suburb of Lindisfarne, Hobart.

Lindisfarne is located on Hobart’s Eastern Shore, approximately 6km from the Hobart CBD. The property is strategically located within a local shopping village, servicing a direct customer catchment of over 6,000 local residents, with little competition or opportunities for the entry of a competitor in the future.

The improvements are located on an allotment of circa 2,066 sqm, with three frontages to; Wellington Road, Franklin Street and Derwent Avenue. The site has approximately 23 car parks, with additional council car parking immediately adjoining on Franklin Street.

This is an outstanding opportunity to secure a “AAA” rated tenanted investment with more than 10 years left to run on a 20 year lease with excellent and consistent rental growth.

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

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3. Property Location

6 Franklin Street, LINDISFARNE, TAS, 7015

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4. Due Diligence

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6 Franklin Street, LINDISFARNE, TAS, 7015 Lindisfarne
Knight Frank - Tasmania
Knight Frank - Tasmania
5, Victoria Street, Hobart, Tasmania, Australia, 7000
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