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151 Hobart Road, Kings Meadows, Tas 7249

151 Hobart Road, Kings Meadows, Tas 7249


  • Sold Contact Agent
  • Fri 26-Jun-20

  • Land Area
  • 667.00 m² (approx)
  • Floor Area
  • 353 m²
  • Last Updated
  • Feb 19, 2021

Interested in this property? Contact an Agent today

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street

Launceston Tas 7250

Marcus Douglas

Multi Tenanted Investment - Potential 9% Net Yield

This multi tenancy investment is proudly positioned within Launceston's pre-eminent satellite retail destination, Kings Meadows. Rarely do investment opportunities like this arise in such prominent retail strips.

- Boasting a potential fully leased annual net rental of $50,484pa
- Neighbouring global fast food giant, McDonalds
- Boasting immense daily traffic movements of approx. 17,000 plus vehicles
- Generous onsite customer and tenant parking at rear of the property

Kings Meadows is an established and growing business precinct with a significant trade catchment complimenting the above fundamentals further, resulting in 151 Hobart Road being a very attractive commercial investment option that should seriously be considered by the astute buyer.

Contact Marcus Douglas for further detail.

151 Hobart Road, Kings Meadows, Tas 7249

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