31
Church
Street
ross
TAS,
7209
SOLD
Sold for $615,000
Investment Opportunity
Prime tourist investment in Iconic Tasmanian Bakery Business. Five year lease with two further options to extend.
Achieving an annual rent of $58,400 pa. plus GST plus outgoings provides a yield of 8% pa.
Bakery 31 is home to the famous Tasmanian Scallop Pie Company and not only is a visiting location for tourists it also boasts a strong regular and repeat customer base.
Large 234m2 premises consists of a cafe, dining x2 =, kitchen, servery, storage, display, 1 bedroom apartment upstairs & toilets.
A sound investment for someone seeking something different. Well maintained premises, ideally suited to the bakery and hospitality sector.
Agents
About ross
median house price
430000median house rent
375suburb rental yield
4.5%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
