88 Macquarie Street,
George Town, TAS 7253
Development Sites & Land • Offices • Shops & Retail
Price information
Sale
$500,000
Under Contract
Detailed listing
Key property information
Land area
Floor area
Zoning
Private inspections
to arrange a private inspection.
Howell Property Group
Level 2, 97a York StreetLAUNCESTON, TAS 7250
88 Macquarie Street
George Town, TAS 7253
Detailed listing
Map of 88 Macquarie Street
Key George Town commercial site with A-grade tenant
- High exposure location
- Leased to CBA
- Growing municipality
Located on the corner of Macquarie & Sorell Sts, in the center of George Town’s business precinct this property is a fantastic entry level commercial investment and underpinned by existing lease to long term tenant Commonwealth Bank.
This high exposure corner site also holds great potential for future development (STCA) with existing buildings only taking up 280m2 of a total lot size of 1,254m2.
The George Town municipality has been a hive of activity over the past several years from the development of over 100km of tourism aligned mountain bike trails through to talks of massive private and government investment in green energy projects in Bell Bay. There has also been a substantial uptick in residential development seen in the township to support its growing population.
This property a fantastic opportunity to invest in this growing location, with the benefit of sound holding income.
- Prime location in main commercial strip
- High profile corner site
- Leased to Commonwealth Bank
- Annual net rent $30,330
- 700m2 of balance land at rear of property
- Zoned 15.0 General Business
For more information on this property please contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
This high exposure corner site also holds great potential for future development (STCA) with existing buildings only taking up 280m2 of a total lot size of 1,254m2.
The George Town municipality has been a hive of activity over the past several years from the development of over 100km of tourism aligned mountain bike trails through to talks of massive private and government investment in green energy projects in Bell Bay. There has also been a substantial uptick in residential development seen in the township to support its growing population.
This property a fantastic opportunity to invest in this growing location, with the benefit of sound holding income.
- Prime location in main commercial strip
- High profile corner site
- Leased to Commonwealth Bank
- Annual net rent $30,330
- 700m2 of balance land at rear of property
- Zoned 15.0 General Business
For more information on this property please contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
Explore property virtually
Video
If you'd like to inspect this property in person, please to arrange a private inspection.
Additional information
External websites
Property ID: 504526176Last Updated: 11 Apr 2024
Howell Property GroupLevel 2, 97a York Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
More properties from Howell Property Group
Other properties you might be interested in based on the location and property type you are looking at.
Expression of Interest
68 & 70 Gleadow Street,Invermay, TAS 7248 119 m²Development Sites & Land • Warehouse, Factory & Industrial • Other
From offers over $410,000 ex GST
43 Lilydale Road Rocherlea, 43 Lilydale Road,Rocherlea, TAS 7248 2735 m²Development Sites & Land • Warehouse, Factory & Industrial • Other