Sold Property

54 Main Road, Penguin, TAS 7316

  • 118
  • 118 m2

$261,000

Investment with Solid National Tenant

If you are looking to dip your toe into the commercial investment market and need a solid tenant with a strong lease at a price point that is attainable - look no further! 54 Main Road Penguin represents fantastic buying, with a 5 + 5 lease to Harcourts providing a 7% return you really can't go wrong! There has never been a better time to buy into the commercial property market.

-Offers invited over $250,000

-Total floor space of 118m2

-5 year lease with a 5 year option

-Current rent $17,400 per annum plus GST / Outgoings

-New fit out, property freshly painted, presents very well

-Nothing to spend, maintained to a high standard

-Great position on the main road of Penguin

-Solid tenant in place - Harcourts Real Estate

For more information please contact Andy Howell of NAI Harcourts North. 'Commercial Real Estate Services, Worldwide.' Property ID: #TNT0663

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Sold Date

  • 31 October, 2018

Property features

  • Property Type: Office

Office

harcourts North

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Est. bond $1920
  • 118
  • 118 m2

Sold Property

54 Main Road, Penguin, TAS 7316

$261,000

Investment with Solid National Tenant

If you are looking to dip your toe into the commercial investment market and need a solid tenant with a strong lease at a price point that is attainable - look no further! 54 Main Road Penguin represents fantastic buying, with a 5 + 5 lease to Harcourts providing a 7% return you really can't go wrong! There has never been a better time to buy into the commercial property market.

-Offers invited over $250,000

-Total floor space of 118m2

-5 year lease with a 5 year option

-Current rent $17,400 per annum plus GST / Outgoings

-New fit out, property freshly painted, presents very well

-Nothing to spend, maintained to a high standard

-Great position on the main road of Penguin

-Solid tenant in place - Harcourts Real Estate

For more information please contact Andy Howell of NAI Harcourts North. 'Commercial Real Estate Services, Worldwide.' Property ID: #TNT0663

Property Features

  • Property Type: Office

Sold Date

  • 31 October, 2018
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harcourts North

Office harcourts North

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Need to sell before investing?

Need to sell before investing?

Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?