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20 Church Street Geeveston, TAS 7116

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20 Church Street,
Geeveston, TAS 7116

Shops & Retail • Development Sites & Land

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Retail Investment Opportunity Offering a High Return

  • Close to a 11% return fully leased
  • Full Tenanted Investment
  • Main Tenant on new 5-year lease
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 current annual net rental of $41,083.64 provides a great opportunity for a return 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 Warrick Hobart from NAI Harcourts for more information and to arrange an inspection.

Property ID: 502864158Last Updated: 31 Mar 2019

0412 668 1...
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20 Church Street
Geeveston, TAS 7116
NAI Harcourts Hobart - Hobart
Suite 1, Ground Floor, 181 Elizabeth Street
HOBART, TAS 7000
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