11 Reibey Street,
Ulverstone, TAS 7315
Key property information
Map of 11 Reibey Street
Leased Investment - ASX Listed Tenant, the "Reject Shop". Over 8.0% yield
Reject Shop, founded in 1981, has over 350 stores nationally and generated total sales FY16 of $799.9 million.
Reject Shop, Ulverstone provides a significant opportunity to acquire a fully leased asset within a tightly held retail strip at the centre of a vibrant coastal centre, evidenced by the following.
- Lease, until August 2022
- ASX listed lease covenant
- Current net passing rent $138,700*
- Annual fixed 3% increases
- Prime, main street position
- Vibrant, Central Coast town
- Tasmania. booming economic power-house
Outlines indicative only.
Property ID: 502441498Last Updated: 16 Aug 2019