14 Gregory Street,
Sandy Bay, TAS 7005
Key property information
Map of 14 Gregory Street
Strategic investment in the Bay
- Prime location with dual frontage
- Fully leased
- Low maintenance investment
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
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