85 Channel Highway,
Kingston, TAS 7050
Shops & Retail • Offices • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Parking info
Zoning
Tenure type
Sold on
Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
04175867...
85 Channel Highway
Kingston, TAS 7050
Map of 85 Channel Highway
Flexible, highway fronting commercial asset
- Future development potential (STCA)
- Zoned: 'Inner Residential'
- Invest, Owner occupy or develop
We are pleased to offer for sale on an exclusive basis this versatile and well-presented property, located in tightly held Kingston commercial precinct, fronting busy Channel Highway.
The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.
The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.
The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.
The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.
The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.
The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.
Property ID: 504347508Last Updated: 17 Apr 2024
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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 Elders Real Estate - Hobart
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Viva Energy Australia, 142 Sandy Bay Road,Sandy Bay, TAS 7005 126 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
1 Beach Road &, 644 Sandy Bay Road,Sandy Bay, TAS 7005 591 m²Shops & Retail • Development Sites & Land