* Passive investment - secure income
* Fully leased freehold property (business not included)
* 5 year lease plus 5+5 options
* Tenant paying outgoings including rates, land tax and Taswater
* Annual rent increases
* Potential returns to landlord approximately 10% plus
Outstanding opportunity for the passive investor looking for a high returning investment - tenants income stream is secured with a mixed business plus 3 bedroom attached residence. The business is under pinned by diverse income from Post office, fuel sales, take away food, newspaper and general store lines. Comfortable 3-bedroom home has 2 living areas, excellent country kitchen and large mater bedroom. Located only 15 minutes from Launceston on a prominent tourist route to Scottsdale, this business is a local icon!
Think outside the square and look beyond residential investment and consider this high performing mixed commercial/residential freehold property.
For all enquiries, please contact David Headlam of Roberts Real Estate Longford.