Here is your chance to secure a Freehold Commercial Property in Glenorchy with a tenant in place. The property is currently utilised as a pizza shop and in the past has been used as a corner store/takeaway shop.

Zoned as Urban Residential this property is surrounded by purely residential properties guaranteeing a regular supply of customers. The building was built in 1991 (thus providing a depreciation component to the investment) and consists of 180m2 on a 488m2 plot of land. The location is a busy intersection with loads of passing traffic; day and night. It has parking for a minimum of six vehicles of the main road.

The package comes with a full kitchen fit-out. The shop front is approximately 85m2 in size with a separate kitchen, cool room, freezer room, preparation room, storeroom and toilet. 3 phase power and street gas is available and connected to the building. The lease is currently returning $370 pw plus GST and the tenant also pays the water and sewer charges. The lease term is valid until 1 July 2013 with a further 3 year option available.