
Added 1 day ago
1-6/85-87 Main Street,
Bridport, TAS 7262
Shops & Retail
Added 1 day ago
Key property information
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Fully Occupied | Separately Titled | Development Potential
This exceptional Bridport property offers a rare opportunity to acquire a fully occupied, commercial investment in one of the region's most visible coastal locations. Positioned directly beside the beach, the property benefits from high exposure and strong pedestrian traffic, ensuring maximum visibility for tenants and consistent attention from residents and visitors alike.
The asset comprises six seperately titled commercial tenancies on varying lease terms, including one ASX-listed tenant, providing a stable and diversified income stream which is being sold in one line.
Set on a substantial 1140sqm landholding, the property is further enhanced by an additional block of land to the rear (attached to Shop 6), offering future development potential (STCA). The current owners have plans for a facade upgrade to the building as well as a tantalising boutique accomodation development. The generous land area, combined with prominent street frontage maximises both commercial exposure and opportunities for tenant growth, while the beachfront position naturally draws attention and strengthens long term investment appeal.
Key Investment Considerations:
Diversified income stream: Six commercial tenants on varying lease terms, including an ASX-listed tenant
Full operational asset: Offered as rights to profits with immediate income potential
Substantial landholding: 1140sqm plus rear block providing future upside
High visibility & foot traffic: Coastal location maximizes exposure for tenants
Strategic location: Bridport's main strip and beachfront setting ensure ongoing demand
Development potential: STCA opportunities to expand or reconfigure
This property represents a compelling opportunity for investors seeking a secure, income producing asset with immediate returns and long term growth potential, combining a proven tenancy track record with one of the region's most sought after coastal locations.
The asset comprises six seperately titled commercial tenancies on varying lease terms, including one ASX-listed tenant, providing a stable and diversified income stream which is being sold in one line.
Set on a substantial 1140sqm landholding, the property is further enhanced by an additional block of land to the rear (attached to Shop 6), offering future development potential (STCA). The current owners have plans for a facade upgrade to the building as well as a tantalising boutique accomodation development. The generous land area, combined with prominent street frontage maximises both commercial exposure and opportunities for tenant growth, while the beachfront position naturally draws attention and strengthens long term investment appeal.
Key Investment Considerations:
Diversified income stream: Six commercial tenants on varying lease terms, including an ASX-listed tenant
Full operational asset: Offered as rights to profits with immediate income potential
Substantial landholding: 1140sqm plus rear block providing future upside
High visibility & foot traffic: Coastal location maximizes exposure for tenants
Strategic location: Bridport's main strip and beachfront setting ensure ongoing demand
Development potential: STCA opportunities to expand or reconfigure
This property represents a compelling opportunity for investors seeking a secure, income producing asset with immediate returns and long term growth potential, combining a proven tenancy track record with one of the region's most sought after coastal locations.
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Bridport, 7262 demographic data
The median household income for Bridport is $1,242, 1% higher than Regional Tasmania's household income of $1,225. Bridport has an older age profile compared to the rest of Regional Tasmania (median age 51 vs 45). Property ownership data shows 40% of property owners in Bridport have a mortgage.
1,742
Population
$1,242 per week
Median household income
51 years
Median age
Owners
Most residents
Families
Most households
Harrison Agents - Launceston
48 Brisbane StreetLAUNCESTON, TAS 7250
04070873...

1-6/85-87 Main Street
Bridport, TAS 7262
Harrison Agents - Launceston48 Brisbane Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250