$470,000 - $510,000
68 Emmett Street, Smithton TAS 7330
House
520.0
Block size: 570 m² approx.
Freehold Investment With Long Term Tenant 5.4% ROI
An excellent freehold investment opportunity on the main street in Smithton.
This is a solid building, originally a bank, with a solid tenant. Leased till 28/02/2025 with a +3 +3 agreement in place. Currently giving you a return on your investment of 5.4%.
The building has 4 near new air conditioning units, new carpet and new spouting.
Currently set up with 11 office spaces, 2 toilets and a large kitchen and dining room. Positioned next to the IGA in Emmett Street the building is 327m2 and has a courtyard on either side as well as seating areas.
This represents an easy, low maintenance investment with a blue-chip tenant. With a return like this why would you leave your money in the bank?
For more information please call Kathleen Gee
This is a solid building, originally a bank, with a solid tenant. Leased till 28/02/2025 with a +3 +3 agreement in place. Currently giving you a return on your investment of 5.4%.
The building has 4 near new air conditioning units, new carpet and new spouting.
Currently set up with 11 office spaces, 2 toilets and a large kitchen and dining room. Positioned next to the IGA in Emmett Street the building is 327m2 and has a courtyard on either side as well as seating areas.
This represents an easy, low maintenance investment with a blue-chip tenant. With a return like this why would you leave your money in the bank?
For more information please call Kathleen Gee
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Maps and area information
Block information
Block size: 570m² (approx)
Legal description: 52767/3
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Enrolment areas for ACT public schools.
What's nearby
Smithton Primary SchoolPrimary School
1.1km
Smithton High SchoolHigh School
0.5km
North West Regional HospitalHospital
1.1km
Telstra Smithton ExchangePost Office
0.2km
Tafe Smithton CentreTafe
0.5km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
07 Nov 2002
Sold
$130,000
Contract: 07/11/2002
Block size: 566m²
Purpose: Bank
Smithton suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
3,934
Listing ID: 182188055. This listing has been viewed 11 times. It was first displayed on 01/01/2024 and last updated on 01/01/2024.
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.