San Churro, 5 Salamanca Square,
Battery Point, TAS 7004
Shops & Retail • Showrooms & Large Format Retail • Other
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CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
San Churro, 5 Salamanca Square
Battery Point, TAS 7004
Map of San Churro, 5 Salamanca Square
New 10 Year Lease to 2034 to National Operator San Churro | Rarely Offered Prestigious Salamanca Square
- New 10 Year Lease to 2034 plus option
- Part of Salamanca Waterfront Precinct
- Investor Preferred Net Lease Structure
Burgess Rawson from CBRE is delighted to offer to the market San Churro, Battery Point for sale via private sale.
The property has the following investment highlights:
+ New 10 year lease to 2034 plus one (1) further option of five (5) years
+ San Churro: established in 2004 with 70 stores nationally
+ CPI + 1.0% annual rent reviews, assuring income growth
+ Investor preferred net lease terms with the tenant responsible for usual outgoings including land tax
+ Modern & well-presented 127sqm* retail shop with recent fit-out to San Churro's latest layout and design
+ Strategic holding in premier hospitality precinct Salamanca Square
+ Booming Hobart Tourism: visitors contribute over $1 billion annually to Hobart’s economy
+ Salamanca Market is Tasmania’s most visited tourist attraction, drawing over 800,000 to 1 million visitors annually
+ Battery Point: Located just 600m from the Hobart CBD, Battery Point is one of Hobart's most prestigious residential areas with a median house price of $1,400,000
+ City of Hobart: Robust and steady economy worth $9.15 billion in gross regional product
+ Net Income: $132,700 pa* + GST
For sale via private sale
* Approx
The property has the following investment highlights:
+ New 10 year lease to 2034 plus one (1) further option of five (5) years
+ San Churro: established in 2004 with 70 stores nationally
+ CPI + 1.0% annual rent reviews, assuring income growth
+ Investor preferred net lease terms with the tenant responsible for usual outgoings including land tax
+ Modern & well-presented 127sqm* retail shop with recent fit-out to San Churro's latest layout and design
+ Strategic holding in premier hospitality precinct Salamanca Square
+ Booming Hobart Tourism: visitors contribute over $1 billion annually to Hobart’s economy
+ Salamanca Market is Tasmania’s most visited tourist attraction, drawing over 800,000 to 1 million visitors annually
+ Battery Point: Located just 600m from the Hobart CBD, Battery Point is one of Hobart's most prestigious residential areas with a median house price of $1,400,000
+ City of Hobart: Robust and steady economy worth $9.15 billion in gross regional product
+ Net Income: $132,700 pa* + GST
For sale via private sale
* Approx
Battery Point, 7004 demographic data
2,096
Population
$1,891 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
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