Sold Property

20 Church Street, Geeveston, TAS 7116

$370,000

Fully Leased Retail Investment Opportunity

This investment property comprises four (4) leased retail tenancies. The anchor tenant "The Wall of Lollies" has a new 5-year lease. The other Tenancies include Masaki Sushi, an established fabric shop and new grocers to the rear.

The annual net rental of $41,083.64 provides the great opportunity for a return of close to 11%.

Located over two titles, the property is situated on a large 1,604 m2 block with plenty of parking and an area of land to the rear providing a potential development opportunity (STCA).
Located on Church Street in the heart of Geeveston, the property is located approximately 22 km from Huonville, 60 km from Hobart.

Contact Mark Roberts from NAI Harcourts for more information and to arrange an inspection. Property ID: #THB3335

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Sold Date

  • 15 March, 2019

Property features

  • Property Type: Retail

Office

harcourts - Hobart

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Est. bond $1920

Sold Property

20 Church Street, Geeveston, TAS 7116

$370,000

Fully Leased Retail Investment Opportunity

This investment property comprises four (4) leased retail tenancies. The anchor tenant "The Wall of Lollies" has a new 5-year lease. The other Tenancies include Masaki Sushi, an established fabric shop and new grocers to the rear.

The annual net rental of $41,083.64 provides the great opportunity for a return of close to 11%.

Located over two titles, the property is situated on a large 1,604 m2 block with plenty of parking and an area of land to the rear providing a potential development opportunity (STCA).
Located on Church Street in the heart of Geeveston, the property is located approximately 22 km from Huonville, 60 km from Hobart.

Contact Mark Roberts from NAI Harcourts for more information and to arrange an inspection. Property ID: #THB3335

Property Features

  • Property Type: Retail

Sold Date

  • 15 March, 2019
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harcourts - Hobart

Office harcourts - Hobart

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