Passive Commercial Investment Deloraine
37-39 Emu Bay Road, Deloraine, Tasmania 7304
SOLD
Key Features
AI generated. Contact seller to confirm.
- Freehold passive commercial investment
- Three long-standing tenancies on site
- Only bakery operating in Deloraine
- Indicative yield approximately 10.5%
- On-site parking for about seven vehicles
- Tenants pay majority of outgoings
- Turnover: $99,800 per annum
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Established tenancies
Business Details
3 Established Tenancies | Approx. 10.5% Return
Freehold passive investment with established tenants in place.
This commercial property comprises three long-standing tenancies including a bakery, a retail shop and a 3 bedroom apartment. The bakery is the only bakery operating in Deloraine, is a hive of activity enjoying a high turnover, providing strong tenant covenant and income security.
Positioned on a large allotment within the main commercial strip, the property offers a genuine set-and-forget investment with strong cash flow and minimal landlord responsibility.
On-site parking for approximately seven vehicles.
Investment Summary
Gross Rental Income: $99,800 per annum + GST
Indicative Yield: Approx. 10.5%
Outgoings: Largely paid by tenant
Tenant Contribution: Approx. 60% of rates, land tax and TasWater
Landlord Outgoings: Building insurance only
Property Details
Title: Volume 250999 / Folio 1
PID: 6261674
Land Area: 1,110 sqm (approx.)
Zoning: General Business
A tightly held commercial asset in a strong regional centre offering high yield, solid tenant security and low holding costs. Well suited to investors seeking reliable passive income.
Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on XXXXXXXXXX or contact Paul Scott on XXXXXXXXXX email: XXXXXXXXXX
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.
Freehold passive investment with established tenants in place.
This commercial property comprises three long-standing tenancies including a bakery, a retail shop and a 3 bedroom apartment. The bakery is the only bakery operating in Deloraine, is a hive of activity enjoying a high turnover, providing strong tenant covenant and income security.
Positioned on a large allotment within the main commercial strip, the property offers a genuine set-and-forget investment with strong cash flow and minimal landlord responsibility.
On-site parking for approximately seven vehicles.
Investment Summary
Gross Rental Income: $99,800 per annum + GST
Indicative Yield: Approx. 10.5%
Outgoings: Largely paid by tenant
Tenant Contribution: Approx. 60% of rates, land tax and TasWater
Landlord Outgoings: Building insurance only
Property Details
Title: Volume 250999 / Folio 1
PID: 6261674
Land Area: 1,110 sqm (approx.)
Zoning: General Business
A tightly held commercial asset in a strong regional centre offering high yield, solid tenant security and low holding costs. Well suited to investors seeking reliable passive income.
Enquire today for a confidential discussion, information will be supplied to qualified buyers only. Do not hesitate to contact Praveen Pant on XXXXXXXXXX or contact Paul Scott on XXXXXXXXXX email: XXXXXXXXXX
INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. NOTE: All figures are approximate.
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