Property main details

3

Commercial

  • Sold
  • Retail

Specifications

  • Property Type
    Retail
  • Building
    285 m2
  • Land
    488 m2

Rare Mixed-Use Investment Opportunity

Ray White Commercial is proud to present this tightly held mixed-use investment, ideally located at the entrance to Lenah Valley's exclusive commercial precinct. Just 10 minutes from Hobart's CBD, Lenah Valley is a sought-after suburb renowned for its leafy streets and village charm.

This property occupies a prominent corner position at the gateway to the suburb's only commercial strip - and with no room for expansion, future supply is limited. That scarcity underpins long-term demand, making this an ideal entry point into the commercial property market or a smart addition to any portfolio.

This fully leased investment comprises three separate tenancies, offering a diversified income stream from a florist, a hairdressing salon, and a two-bedroom residential flat at the rear. The property also includes three onsite car parks and generates a strong net income of approximately $69,680 per annum*. With a total building area of 285 sqm*, opportunities like this are rare in this tightly held location.

Contact the undersigned today for further information or to arrange an inspection.

*Approximately

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

92-94 Augusta Road Lenah Valley 7008, Tasmania
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