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Commercial, For Sale, Property, Retail, Smithton, Tasmania

EMAIL TO A FRIEND
134-140 Nelson St Smithton TAS
$895,000

COMMERCIAL PROPERTY WITH 9% ROI – PRIME LOCATION – BLUE CHIP TENANTS

This is an excellent opportunity to purchase this commercial property set on a huge corner block of 4412m2 (across from Woolworths Supermarket). Situated on one of the main roads in Smithton, with a total building size of 1054m2 and a mix of good quality tenants including Government Departments and commercial businesses.  There are more offices including the ex Smithton Court rooms available for rent, which suit a variety of retail or commercial uses.   *  Currently tenanted – 515m2 – returning $81,000p.a. (ex GST)  *  Still available – 360m2 (vacant offices) – potential of an extra $60,000 p.a.  *  Good shop frontage in busy high foot traffic area of town.   *  Rear Parking for the premises.   *  Well maintained low maintenance building. &nbs

This is an excellent opportunity to purchase this commercial property set on a huge corner block of 4412m2 (across from Woolworths Supermarket).

Situated on one of the main roads in Smithton, with a total building size of 1054m2 and a mix of good quality tenants including Government Departments and commercial businesses.  There are more offices including the ex Smithton Court rooms available for rent, which suit a variety of retail or commercial uses.

  *  Currently tenanted – 515m2 – returning $81,000p.a. (ex GST)
  *  Still available – 360m2 (vacant offices) – potential of an extra $60,000 p.a.
  *  Good shop frontage in busy high foot traffic area of town. 
  *  Rear Parking for the premises. 
  *  Well maintained low maintenance building. 
  *  Possible future development potential

Currently an 9% return on your investment with a possible 16% fully tenanted.

Smithton is the commercial centre of the north-west coast and the last stop before Arthur River – where the Tarkine wilderness begins.  It lies on the Bass Highway and is also just 85 km north-west of Burnie.

Major tourism developments are now under way in this region.

 

 

Property Detail

Property ID:

18330

Type:

Commercial

240
Address:

134-140 Nelson St Smithton TAS

Contact The Owner

David
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