Raine & Horne Commercial is delighted to offer for sale a prized investment opportunity in one of Southern Tasmania's most in demand and tightly held commercial locations. Features include;

• A premium, high profile position within Mertonvale Circuit, an established and highly regarded commercial estate on the outskirts of the Kingston CBD. Mertonvale Circuit and the immediate surrounds are the dominant precinct for bulky goods style occupiers in Greater Kingston, where growth is surging and land for new commercial-industrial development is limited

• Over 44 metres frontage to Channel Highway

• Adjoins the Harvey Norman Clearance Centre, with numerous leading national businesses nearby including Bunnings Kingston

• Impressive showroom & warehouse complex (527m² approx) with 13 sealed and marked car parks plus surplus land for expansion (STCA). Suited to many alternative
occupiers at lease end

• Over 4 years remaining lease term to a longstanding tenant aligned with progressive retail floor coverings group Choices Flooring. Rental $84,000 per annum + outgoings & GST, with rent review to CPI (Hobart) due 1st June 2022