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Knight Frank - Tasmania

'Telstra Exchange', 535 Sandy Bay Road Sandy Bay, TAS 7005

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'Telstra Exchange', 535 Sandy Bay Road,
Sandy Bay, TAS 7005

Shops & Retail • Offices • Development Sites & Land

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Knight Frank - Tasmania
Claude Alcorso

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
0417 586 7...
Knight Frank - Tasmania
'Telstra Exchange', 535 Sandy Bay Road
Sandy Bay, TAS 7005

Map of 'Telstra Exchange', 535 Sandy Bay Road

Directions
  • Bus stops within 5 km of 'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005Distance
    Stop 14, No.556 Sandy Bay Rd72 m
    521 Sandy Bay Rd130 m
    551 Sandy Bay Rd229 m
    Stop 14, No.487 Sandy Bay Rd377 m
    Stop 13, No.488 Sandy Bay Rd399 m
    POWERED BY HERE ©
POWERED BY HERE ©

Rare Sandy Bay conversion opportunity - leased to ASX listed tenant

  • Superb, high profile location
  • Attractive triple net lease - ASX tenant
  • Holding income: $70,000 + outgoings +GST
We are pleased to offer for sale, this superbly located, tenanted investment with future re-development capabilities, situated in Sandy Bay's 'Golden Mile'.

The 'Telstra Exchange' 535 Sandy Bay Road, is located approximately 3.5km South-east of Hobart's city centre, within the prestigious bayside residential suburb of Sandy Bay. The surrounding properties include a mix of residential, commerical, early learning childcare and private schools.

The property is currently occupied by ASX listed tenant - Telstra Corporation Ltd, who will leaseback the property for $70,000 + all outgoings + GST on a minimum 2.5 year term.

The property provides an outstanding opportunity for future redevelopment for either residential conversion, commercial or Hospitality (STCA).

Property ID: 504511668Last Updated: 8 Apr 2024

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