Subway, 92 Gilbert Street,
Latrobe, TAS 7307
Shops & Retail • Other
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Property extent
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Subway, 92 Gilbert Street
Latrobe, TAS 7307
Map of Subway, 92 Gilbert Street
New 7 Year Lease to Leading Franchisee - 24 Stores & Growing
- New 7 Year 'Head Office' Company Lease
- Net Lease, Plus Fixed 3% Increases
- Major Store Upgrade in 2022
+ Brand new 7 + 5 + 5 year ‘Head Office’ lease to 2038
+ Tenant pays all usual outgoings
+ Fixed 3% increases – assuring rental growth
Major store tenant upgrade proposed in 2022
+ Subway: World’s largest restaurant chain with 40,000+ stores
+ Long proven leading franchisee with 24 stores and growing, including 10 stores in Tasmania,
+ 456sqm site which includes with triple frontage and exposure including frontage to Station Square and rear council carpark
+ Includes a residential tenancy at rear of building – long term occupant
+ Central main road location, amongst BWS, IGA Supermarket, Australia Post, Vinnies, CBA, Reject Shop, Mitre 10,m Pharmacy, Dentist
+ Latrobe – retail and commercial capital of Latrobe Council - catchment population 11,300, 8 kms from Devonport
+ Net Income: $45,916 pa + GST
For Sale by Investment Portfolio Auction
11:15am (AEDT) Thursday 11 November 2021
+ Tenant pays all usual outgoings
+ Fixed 3% increases – assuring rental growth
Major store tenant upgrade proposed in 2022
+ Subway: World’s largest restaurant chain with 40,000+ stores
+ Long proven leading franchisee with 24 stores and growing, including 10 stores in Tasmania,
+ 456sqm site which includes with triple frontage and exposure including frontage to Station Square and rear council carpark
+ Includes a residential tenancy at rear of building – long term occupant
+ Central main road location, amongst BWS, IGA Supermarket, Australia Post, Vinnies, CBA, Reject Shop, Mitre 10,m Pharmacy, Dentist
+ Latrobe – retail and commercial capital of Latrobe Council - catchment population 11,300, 8 kms from Devonport
+ Net Income: $45,916 pa + GST
For Sale by Investment Portfolio Auction
11:15am (AEDT) Thursday 11 November 2021
Latrobe, 7307 demographic data
The median household income for Latrobe is $1,173, 4% lower than Regional Tasmania's household income of $1,225. Latrobe has a younger age profile compared to the rest of Regional Tasmania (median age 43 vs 45). Property ownership data shows 48% of property owners in Latrobe have a mortgage.
5,030
Population
$1,173 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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