Sold

8 Percy Street,
Bellerive 7018, Tasmania

11 car spaces
1,739m² land size
1,668m² building size
Industrial/Warehouse

Price withheld


Property details

Multi-tenanted, mixed-use investment, with strong rental growth

RWC Tasmania is pleased to offer to the market for sale 8 Percy Street, Bellerive, a high quality multi-tenanted commercial investment, with huge upside.

Positioned in the heart of Bellerive's tightly held commercial precinct, the property offers a rare opportunity to secure space in one of the Eastern Shore's most in-demand locations. Surrounded by A-grade amenity, including cafés, retail, professional services, and public transport, opportunities of this calibre in Bellerive are exceptionally scarce, making this a strategic move for occupiers or investors alike.

Key Investment Highlights:
+Substantial 1,739sqm* allotment, in the Eastern Shore commercial precinct
+Net Passing Income: $134,512* + GST
+Diversified income streams, with scope for significant rental growth
+Currently occupied by 17* tenants with one vacancy offering immediate upside
+Zoning: 'General Business' under the Tasmanian Planning Scheme - Clarence
+Purchase well below replacement cost
+11* on-site allocated car parks
+Significant re-positioning or re-development capabilities.
+Surrounded by key infrastructure: Ninja Stadium, Bellerive Quay Complex, Eastlands Shopping Centre, Dan Murphy's and multiple strong local businesses.

If you're seeking a low maintenance, high quality, mixed-use commercial investment in a proven and high-demand location, 8 Percy Street is an opportunity not to be missed.

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