Fronting busy High Street, Campbell Town with excellent profile this is a chance to secure a property with a tenant in place capitalising on the masses of passing trade trafficking along the busy Midland Highway, Campbell Town being the main stop between Hobart and Launceston. The existing term runs to 31st December 2019 with a further 5 year option. Currently operating as a burger outlet and cafe the property has had a continued use for this purpose since January 2010. The annual rental is plus Outgoings and GST. The outgoings payable by the tenant include Rates, TasWater, Land Tax and Insurance.
On 1,113m2 of land there is space available at the rear of the tenanted property for further development down the track subject to council approval (STCA).
This is a great chance to secure a well located tenanted property on the busy Midland Highway in Campbell Town offering further development potential (STCA).With great frontage and in an area frequented by many travellers the is a property well worth further consideration.
For more details, please email agent