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Knight Frank - Tasmania

14 Gregory Street Sandy Bay, TAS 7005

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14 Gregory Street,
Sandy Bay, TAS 7005

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Knight Frank - Tasmania
George Burbury

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
04083335...
Knight Frank - Tasmania
14 Gregory Street
Sandy Bay, TAS 7005

Map of 14 Gregory Street

Directions

Strategic investment in the Bay

  • Prime location with dual frontage
  • Fully leased
  • Low maintenance investment
Knight Frank is pleased to offer to the market for sale 14 Gregory Street, Sandy Bay.

The property is strategically located within Sandy Bay’s tightly held commercial precinct. It benefits from dual frontage and is a mere 30 metres* from Woolworths front door, whilst adjoining the car park which is a focal point of the precinct.

The property is fully leased to the popular "Ikon Café" at a current Net Rental of $60,000 pa + GST with the lease expiry being 30 September 2024. The property benefits from indoor and outdoor dining, and seats 35* people inside.

The building has an area of 108 sqm*, whilst the site has an area of 315 sqm*, and is zoned “General Business”.

If you are looking for a low maintenance, fully leased retail investment, in a much sought after and strategic location, this one is for you.

Property ID: 504144535Last Updated: 22 Nov 2022

Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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