This entry level investment has all the bases covered with two ground level commercial tenancies and 3-bedroom apartment above situated on George Town’s main commercial strip. Commercial spaces are let to national retailer Smokemart and local business Signature Café, a longstanding fixture of George Town’s main shopping thoroughfare.
The George Town municipality has been a hive of activity over the past several years from the development of over 100km of tourism aligned mountain bike trails through to talks of massive private and government investment in green energy projects in Bell Bay. There has also been a substantial uptick in residential development seen in the township to support its growing population.
This property a fantastic opportunity to invest in this growing location, with the benefit of 100% occupancy and a mixed tenancy profile to reduce risk.
- Prime location in main commercial strip
- Fully let with great mix of tenants
- Anchored by national tenant with options to 2037
- Commercial tenancies with through access to Woolworths carpark
- 1st level residence with great upside
- Single title holding with no body corporate
- Zoned 15.0 General Business
For more information on this property please contact Andy or Ben at Howell Property Group.
Howell Property Group has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee its validity. Prospective clients are advised to carry out their own investigations.
