Hobart
R&H

6 Mertonvale Circuit, Kingston, TAS 7050

  • 527sqm
  • 13garages
    • Sold

      Sold for $1,775,000 (Apr 13, 2022)

      IMPRESSIVE KINGSTON SHOWROOM COMPLEX - FULLY LEASED!

      Raine & Horne Commercial is delighted to offer for sale a prized investment opportunity in one of Southern Tasmania's most in demand and tightly held commercial locations. Features include;
      • A premium, high profile position within Mertonvale Circuit, an established and highly regarded commercial estate on the outskirts of the Kingston CBD. Mertonvale Circuit and the immediate surrounds are the dominant precinct for bulky goods style occupiers in Greater Kingston, where growth is surging and land for new commercial-industrial development is limited
      • Over 44 metres frontage to Channel Highway
      • Adjoins the Harvey Norman Clearance Centre, with numerous leading national businesses nearby including Bunnings Kingston
      • Impressive showroom & warehouse complex (527m² approx) with 13 sealed and marked car parks plus surplus land for expansion (STCA). Suited to many alternative occupiers at lease end
      • Over 4 years remaining lease term to a longstanding tenant aligned with progressive retail floor coverings group Choices Flooring. Rental $84,000 per annum + outgoings & GST, with rent review to CPI (Hobart) due 1st June 2022

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      avatar Leslie Simpson
      Leslie Simpson
      Commercial Sales & Leasing

      Got a property to sell? Contact us for a free Request Appraisal

      Property Info:
      • Property ID: L16076812
      • Property Type:Showrooms/Bulky
      • Building / Floor Area:527 sqm
      • Land Area:1948 sqm
      • Car Spaces:13
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