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Salvos Stores, 11/21 Dubbs & Co Drive Sorell, TAS 7172

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Salvos Stores, 11/21 Dubbs & Co Drive Sorell, TAS 7172

Shop & Retail • Other
Sold Price

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Land area

647.0m²

Floor area

383.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Sold on

01 Aug 2018

One of Australia’s Best Trading Salvo’s Stores

  • Renewed lease to May 2023
  • Salvos: Govt funded - 300+ stores
  • Modern 383 sqm retail showroom
Renewed lease to May 2023 plus options to 2033.
Salvos Stores: Successful government funded retail chain with over 300 stores nationally.
Annual CPI rent reviews / Tenant pays usual outgoings.
Modern and well presented 383 sqm retail showroom constructed 2011 with parking on-title.
Prominent freehold title of 647 sqm with premium Business Zoning.
Single tenant minimum management investment.
Sorell: Growing satellite suburb of Hobart on key tourist route as evidenced by the retail presence of Coles, Woolworths, McDonald’s, KFC, major banks etc.
Rent: $78,135 pa

Auction 11am AEST Wednesday 1 August 2018
River Room, Crown Casino, Melbourne

Property ID: 502874558Last Updated: 1 May 2019

Salvos Stores, 11/21 Dubbs & Co Drive
Sorell, TAS 7172

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
Knight Frank - Tasmania

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Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
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Shaun Venables
Burgess Rawson - Melbourne
Salvos Stores, 11/21 Dubbs & Co Drive Sorell, TAS 7172

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

Kind Regards,

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