6 Franklin Street,
Lindisfarne, TAS 7015
For Sale by Expressions of Interest
Key property information
Map of 6 Franklin Street
Bus stops within 5 km of 6 Franklin Street, Lindisfarne, TAS 7015 Distance No.232 Derwent Ave 112 m No.191 Derwent Ave 138 m Stop 13, No.39 Lincoln St 227 m St Aidans Anglican Church, Lincoln St 241 m 161 Derwent Ave 272 mPOWERED 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
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