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Offmarket

Freehold Commercial Property Returning 7.5% Net

Property ID: 18039985
Purchase Price $185K
Net Rent $13,875
Net Return 7.5%

New 3 Year lease with an additional 3 year option remaining.

Offering strong returns, this retail space is located in Tasmania in a thriving precinct surrounded by other Businesses. The premises are tenanted by a local grocery store

This region is continuing to grow with new housing being built in the area as well as more employment opportunities.


PROPERTY DETAILS

* 55 m2 floor area
* 144 m2 land area
* Exposure to foot and vehicle traffic


Estimated Cash Flow Positive $91 per week*


Contact Yujin Yeoh on 0479 191 815 for more details.

* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.

Matthew Barnes

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 7.5% Net

Estimated Cash Flow: $91 a week positive cash flow

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Matthew Barnes

Enquire Now

Type: Commercial

Investment Strategy: Positive Cash Flow

Gross Yield: 7.5% Net

Estimated Cash Flow: $91 a week positive cash flow