Commercial Asset Leased to Fitstop
Elders Commercial Tasmania is pleased to offer Unit 4, 139-143 Hobart Road, Kings Meadows, Tasmania for sale by Offers Over $950,000.The property has the following key investment highlights:
+ Leased to Empire Fitness Pty Ltd, trading as Fitstop, one of Australia's fastest-growing fitness franchises.
+ Modern first-floor commercial tenancy comprising approximately 237 sqm*.
+ Lease to July 2028, with two further three-year options extending through to July 2034.
+ Annual CPI rent reviews, with market reviews upon exercise of the options.
+ High-profile position fronting Hobart Road, one of Launceston's busiest arterial routes.
+ Strategically positioned alongside Coles, Woolworths, EG Ampol, Amplifon and other national occupiers.
+ Located within Kings Meadows, Launceston's largest commercial precinct outside the CBD.
+ End-of-trip facilities within the tenancy and ample communal parking throughout the complex.
+ Net income of $72,249 pa* + GST + Outgoings.
For further information or to arrange an inspection, contact Isabelle Firth or Cale Ayres.
*Approximately.
Features
General Features
- Land Area: 0
- Commercial Type: Retail
- Building Area: 237sqm
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