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Knight Frank - Tasmania

6 Franklin Street Lindisfarne, TAS 7015

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6 Franklin Street,
Lindisfarne, TAS 7015

Shop & Retail

Price information

Sale - Expression of Interest

For Sale by Expressions of Interest

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Land area

Floor area

Car spaces

Parking info

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Tenure type

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Knight Frank - Tasmania
Claude Alcorso
Hayden Peck

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
Knight Frank - Tasmania
6 Franklin Street
Lindisfarne, TAS 7015

Map of 6 Franklin Street

Directions
  • Bus stops within 5 km of 6 Franklin Street, Lindisfarne, TAS 7015Distance
    No.232 Derwent Ave112 m
    No.191 Derwent Ave138 m
    Stop 13, No.39 Lincoln St227 m
    St Aidans Anglican Church, Lincoln St241 m
    161 Derwent Ave272 m
    POWERED BY HERE ©
POWERED BY HERE ©

10.8 year WALE - Woolworths Supermarket in Tasmania

  • 20 year lease with 10.8 years remaining
  • Net Income: $512,000 (approx)
  • Strong rental growth
Knight Frank is pleased to offer for sale on an exclusive basis a rare opportunity to acquire a prized suburban Woolworths Supermarket in the affluent waterside suburb of Lindisfarne, Hobart.

Lindisfarne is located on Hobart’s Eastern Shore, approximately 6km from the Hobart CBD. The property is strategically located within a local shopping village, servicing a direct customer catchment of over 6,000 local residents, with little competition or opportunities for the entry of a competitor in the future.

The improvements are located on an allotment of circa 2,066 sqm, with three frontages to; Wellington Road, Franklin Street and Derwent Avenue. The site has approximately 23 car parks, with additional council car parking immediately adjoining on Franklin Street.

This is an outstanding opportunity to secure a “AAA” rated tenanted investment with more than 10 years left to run on a 20 year lease with excellent and consistent rental growth.

Property ID: 503946778Last Updated: 26 Nov 2021

Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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