51A Main Road,
Moonah, TAS 7009
Key property information
Map of 51A Main Road
Fully let mixed-use asset in thriving suburb
- Fully let mixed-use investment
- Potential to strata subdivide (STCA)
- Live in income generating property
The property is split over two levels plus rooftop and features ground floor retail space currently leased to Hair Sanctum, a beautifully presented three bedroom apartment on the first floor and a rooftop benefiting the apartment with 360 degree views. The flexible ‘General Business’ zoning gives purchasers the option for potential alternative uses including medical, office and substitute mixed-use options (STCA). The apartment component of the property is being sold with a 6 month leaseback, presenting the building as fully leased with an estimated gross income of $54,600 p.a.
The central location of the property and being near the Moonah commercial strip suggests sustained growth for the asset as Moonah continues to become a recognised neighbourhood commercial precinct.
The property is being offered by way of a Public Expressions of Interest campaign closing at 4:00pm (ADST) Tuesday 15th December 2020.
Property ID: 503703514Last Updated: 26 Jul 2021
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