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Cnr Norwood Avenue & Penquite Road Norwood, TAS 7250

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Cnr Norwood Avenue & Penquite Road,
Norwood, TAS 7250

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New IGA Supermarket

Latest supermarket design, plus beauty salon.
Prominent corner location in affluent Launceston suburb.
Brand new 15 year lease plus options to 2064.
CPI/Market and Percentage rent reviews.
Ultra modern 640m2 development.
Local Business retail site of 1,523m2.
On-site plus kerb side parking.
Substantial taxation saving depreciation.
Estimated net income of $142,550 p.a.

Portfolio Auction No. 44
Crown Casino Melbourne

Andrew Wilson 0412 918 383
Graeme Watson 0419 717 171

Property ID: 5519901Last Updated: 19 May 2016

03 9613 04...
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Cnr Norwood Avenue & Penquite Road
Norwood, TAS 7250
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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