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The Reject Shop, 27-29 High Street New Norfolk, TAS 7140

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The Reject Shop, 27-29 High Street New Norfolk, TAS 7140

Shop & Retail
Sold Price

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Land area

785.0m²

Floor area

685.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

10 Dec 2014

Strategic Retail Investment

  • New lease to ASX listed tenant
  • Fixed 3% rental increases
  • Refurbished & upgraded in 2013
Secure 6 + 6 + 6 year lease to The Reject Shop Limited.
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

The Reject Shop, 27-29 High Street
New Norfolk, TAS 7140

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
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Jamie Perlinger
Burgess Rawson - Melbourne
The Reject Shop, 27-29 High Street New Norfolk, TAS 7140

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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