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
455000median house rent
370suburb rental yield
4.2%Similar Properties
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