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Knight Frank - Tasmania

118 King Street Sandy Bay, TAS 7005

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118 King Street,
Sandy Bay, TAS 7005

Shop & Retail

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Knight Frank - Tasmania
118 King Street
Sandy Bay, TAS 7005
Knight Frank - Tasmania
Matthew Wright
Richard Steedman

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000

Map of 118 King Street

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Invest in a Slice of the Bay

  • Prestige location
  • High profile corner site
  • Fully leased
High profile retail investment within the prestige residential suburb of Sandy Bay.

Low maintenance investment that is fully leased to well known Tasmanian business "Salamanca Fresh" with a lease expiry of 24 January 2022 + 5 yrs + 5 yrs.

The current Net Rental is $110,803 pa + GST with annual CPI reviews and market value on exercise of each option period.

Very convenient location being situated on a prominent corner site of 278 sqm (approx), within a built-up residential area and within close proximity to the University of Tasmania.

The property was extended and substantially refurbished in 2012 providing a good, modern standard of retail accommodation.

Great investment opportunity within the tightly held and much sought after locality of Sandy Bay.

Property ID: 503476262Last Updated: 26 Mar 2020

Agency contacts

Knight Frank - Tasmania
Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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Matthew Wright

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Matthew Wright
Knight Frank - Tasmania
118 King Street Sandy Bay, TAS 7005

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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