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Elders Real Estate - Hobart

Kosaten Japanese, Unit 15/13-17 Castray Esplanade Battery Point, TAS 7004

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Kosaten Japanese, Unit 15/13-17 Castray Esplanade,
Battery Point, TAS 7004

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Elders Real Estate - Hobart
Scott Newton

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
Elders Real Estate - Hobart
Kosaten Japanese, Unit 15/13-17 Castray Esplanade
Battery Point, TAS 7004

Map of Kosaten Japanese, Unit 15/13-17 Castray Esplanade

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Brand New 15 Year lease in Renowned Salamanca

  • Fixed annual 3.5% rent increases
  • Tenant Pays all outgoings inc Land Tax
  • Impressive $750,000 fit-out
+ Brand new 15 year lease from 1st June 2021 through to 31st May 2036
+ Assured rental growth through fixed annual 3.5% increases
+ Investor friendly net lease terms: Tenant pays all outgoings inclusive of land tax & body corporate fees
+ Impressive & modern $750,000 fit out
+ Kosaten Japanese: Game changing modern Japanese restaurant with significant following across Tasmania & now interstate with 5 locations
+ Superbly located within the World Renowned Salamanca waterfront precinct and benefits from surrounding leading businesses, accommodation & Residential uses
+ Salamanca Position which attracts $1.34 million tourists annually
+ Hobart: 16.5% median house price growth, 5.9% above national average
+ Tasmania: Leading the nation with key economic indicators according to Commsec’s ‘State of the States’ report
+ Net Rental: $111,603pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction
Tuesday 10 August 2021
Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

Battery Point, 7004 demographic data

The median household income for Battery Point is $1,891, 23% higher than Greater Hobart's household income of $1,542. Battery Point has an older age profile compared to the rest of Greater Hobart (median age 43 vs 39). Property ownership data shows 24% of property owners in Battery Point have a mortgage.

2,096
Population
$1,891 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
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