The Reject Shop, 27-29 High Street New Norfolk, TAS 7140
10 Dec 2014
Strategic Retail Investment
- New lease to ASX listed tenant
- Fixed 3% rental increases
- Refurbished & upgraded in 2013
Reject Shop Limited: $300million ASX listed retailer with over 300 Stores and recent 17.7% lift in revenue (HY 2014).
Fixed annual 3% increases, plus turnover provisions.
Prominent two level 685 sqm retail building, upgraded in 2013.
Prime 785 sqm retail site, with dual frontage totalling 39.9m.
Central to NAB, CBA, Australia Post, ANZ, Terry White Chemist, McDonalds, BWS and Woolworths.
New Norfolk: capital of the Derwent Valley, 32km* north west of Hobart.
Rent: $172,196 pa
Property ID: 501165435Last Updated: 15 Aug 2016