Premium Passive Investment Site With Established Tenant Harcourts and A Cafe Nth Tasmania
Premium Passive Investment Site With Established Tenant Harcourts and A Cafe Nth Tasmania
Industry :
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Call To Arms High Exposure Location
Secure a standout passive investment in the heart of George Town, offering a strong gross yield of approximately 7.09% and rental income of approx. $56,764 per annum from two established tenants.
Positioned in a high-exposure location, this property sits at the forefront of the town's evolving commercial landscape. With ongoing subdivisions and new developments in the area, George Town continues to growmaking now an ideal time to invest and benefit from future upside.
The current owners have completed extensive capital improvements, providing added confidence and reduced near-term expenditure, including:
Recently installed grease trap
Rebuilt rear wall
Roof replacement
Ducted air conditioning servicing the office area
Set across two separate titles, the property offers flexibility and future potential to sell individually or maximise value.
Property Highlights:
Land Size: Approx. 278sqm
Floor Area (Harcourts Office): 126sqm
Floor Area (Café): 91.5sqm
Established tenant providing immediate passive income
Gross Yield: Approx. 7.09%
Annual Rental Income: Approx. $56,764
Zoning: General Business
Opportunities combining secure income, strong yield, and future flexibility are rarely offered to market.
Enquire today to secure this exceptional investment.
Contact Paul Scott 0477771098 or email pauls@businessbrokersnetwork.com.au or Praveen Pant 0432 256 682 INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE PROPERTY AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF. Please Note: All figures quoted are approximate.
Queensland
Australia
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$799,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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