Share this property

realcommercial.com.au
Knight Frank - Launceston

171-173A Elphin Road Newstead, TAS 7250

Directions

171-173A Elphin Road,
Newstead, TAS 7250

Shops & Retail • Offices

Price information

Sale

Contact agent

Key property information

Floor area

Car spaces

Zoning

Tenure type

Private inspections

to arrange a private inspection.
Knight Frank - Launceston
Fletcher Seymour
Cale Ayres

Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Knight Frank - Launceston
171-173A Elphin Road
Newstead, TAS 7250

Map of 171-173A Elphin Road

Directions
  • Bus stops within 5 km of 171-173A Elphin Road, Newstead, TAS 7250Distance
    Stop 7, No.154 Elphin Road81 m
    10 Hoblers Bridge Rd98 m
    Stop 8, No.161 Elphin Rd110 m
    19a Penquite Rd277 m
    22 Penquite Rd294 m
    POWERED BY HERE ©
POWERED BY HERE ©

Fully Leased Multi-Tenanted Investment - Blue-Chip Suburban Retail Strip

  • Net income of $94,276*
  • WALE of 2 years* providing flexibility
  • High exposure site
Knight Frank is delighted to offer to market a fully leased asset in a blue-chip retail strip.

Comprising three tenancies in a tightly held location, 171-173a Elphin Road offers investors a diversified tenancy mix with ample off-street parking. The property lends itself to a variety of alternate uses including medical (STCA).

The property has high exposure to Elphin Road, and benefits from surrounding businesses including Coles, Zap Fitness, Newstead Medical Centre, Newstead Hotel and 9/11 Bottle Shop.

Key features of the property include:

- Net income of $94,276*
- WALE of 2 years* providing ultimate flexibility
- Varity of alternate usage including medical (STCA)
- 7* off street carparks
- Proximity to national tenants
- High volumes of foot and vehicle traffic
- Long standing tenants
- Great signage options for tenants

For further details or to inspect, please contact Fletcher Seymour or Cale Ayres of Knight Frank.

*Approx

Property ID: 504518456Last Updated: 15 Apr 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.