Burgess Rawson is pleased to offer to market the Domino's-anchored 'Rokeby Place' retail centre located at 27 South Arm Road, Rokeby TAS for sale via Private Treaty.
The property has the following key investment highlights:
+ Affordable entry level retail investment. + Diverse retail tenancy mix secured by Domino's, Taste of Kebabs, Just Dogs Grooming, and Native Body Bar. + Domino's: global pizza chain operator with a network of more than 3,800 store locations.(1) + Taste of Kebabs: Successful and popular local fast-food provider. + Just Dogs Grooming: established local operator (since 2016) offering appointment only dog grooming service. + Native Body Bar: All service beauty salon with convenient central location servicing Rokeby and its surrounding suburbs. + Attractive CPI, 3% and 3.5% annual rent increases. + Investor preferred net lease terms with tenants responsible for all outgoings including land tax as per lease. + Well maintained 515sqm*retail building offering access to on-site car parking via common area. + High profile main road landholding with frontage to South Arm Road, providing exposure to 15,500+ passing vehicles daily. (2) + Conveniently located metres from complementary national retailers Ampol, Australian Glass Group, Vinnies, and IGA. + Situated amongst a significant educational precinct 5 schools within a 1.3-kilometre radius. (2) + Rokeby: Situated just 9 kilometres from Hobart CBD and with a median house price of $586,000. (3) + Hobart: Tasmania's administrative capital with a population in excess of 250,000 residents. (4) + Tasmania: Has lead the nation in key economic drivers 9 out of the last 10 quarters to January 2023 in CommSecs's State of the States report. (5) + Est. Combined Net Income: $130,219 pa* + GST
For Sale by Private Treaty.
Please contact the exclusively appointed sales team for more information.
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.