328 St Leonards Road,
St Leonards, TAS 7250
Shops & Retail
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$450,000
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Floor area
Parking info
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Shepherd & Heap Pty Ltd - LAUNCESTON
49 Cameron StreetLAUNCESTON, TAS 7250
04488208...
328 St Leonards Road
St Leonards, TAS 7250
Map of 328 St Leonards Road
Excellent Entry Level Investment - Lease Expiring 2036 Including Options
Set and forget investment opportunities as good as this are nearly impossible to find in the current market for Greater Launceston. Under long term lease to popular and growing Bakery/Milk Bar Tenant, this property benefits from added long term rental growth by way of annual CPI increases (Hobart Index). 328 St Leonards Road is a perfect example of an entry level property for investors who are looking to either begin or add to their property portfolio.
Features include:
- 5 + 3 + 3 + 3 year lease from 1 February 2022
- Prime location on Main Road, immediately next door to St Leonards Primary School
- Tenant pays 100% of statutory outgoings including trade waste charges
- Annual CPI (Hobart Index) rent increases
- Flexible 'Local Business' zoning overlay
- Grease trap in situ
- St Leonards: one of Launceston's fastest growing suburbs
- $23,808pa net rent excl. GST
Occupied by a thriving tenant on a secure, long term lease, 328 St Leonards Road is a true set and forget investment.
For further details contact Joel Harwood.
Features include:
- 5 + 3 + 3 + 3 year lease from 1 February 2022
- Prime location on Main Road, immediately next door to St Leonards Primary School
- Tenant pays 100% of statutory outgoings including trade waste charges
- Annual CPI (Hobart Index) rent increases
- Flexible 'Local Business' zoning overlay
- Grease trap in situ
- St Leonards: one of Launceston's fastest growing suburbs
- $23,808pa net rent excl. GST
Occupied by a thriving tenant on a secure, long term lease, 328 St Leonards Road is a true set and forget investment.
For further details contact Joel Harwood.
Property ID: 504271516Last Updated: 4 Jul 2023
Shepherd & Heap Pty Ltd - LAUNCESTON49 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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