Positioned in the heart of the city, these two properties provide investors with a net income after statutory outgoings of over $340,000* + GST, underpinned by long-term leases to "blue-chip" anchor tenants.
The properties are being offered for sale either individually or in one line, providing maximum flexibility for investors seeking secure income streams and capital growth potential in a tightly held market.
149A Macquarie Street is 100 per cent leased, anchored by national dental provider, Maven Dental, with a network of over 200 Trans-Tasman dental practices. This property provides net income after statutory outgoings of $205,675* + GST
149B Macquarie Street is anchored by a lease to the Commonwealth of Australia on the ground floor, recently renewed for three years, along with five other tenancies. This mixed-use asset provides a net income after statutory outgoings of $134,803* + GST and also features the strategic flexibility to owner-occupy the first floor.
Claude Alcorso, partner at RWC Tasmania, noted that the demand for allied health and government tenancies is always on an investors wish lists.
"Assets of this quality, combining long-term leases with the stability of national and government covenants in a central CBD location, are highly sought after,"
Matthew Wallace, partner at RWC Tasmania said "The ability for a buyer to secure both properties in a single transaction, locking in over $340,000* of diversified net income, presents a compelling opportunity to acquire a truly 'blue-chip' portfolio holding."
Matthew Wright said interstate investor sentiment in Tasmania is strong, given greater barriers to entry and minimal new development, Tasmania is seen as a safe haven for capital.
The sale is being conducted via Expressions of Interest closing on Thursday, November 27 at 4pm (AEDT).
