FOR SALE
SOLD

Suite 4/27 South Arm Road
Rokeby TAS 7019

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 235m2
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Entry Level Retail Investment

Brick and Castle is pleased to present an excellent investment opportunity with the sale of the Mechanical Shop located at 27 South Arm Road, Rokeby TAS.
Key highlights of this property include:
* Affordable Entry-Level Retail Investment: Ideal for investors looking to start or expand their portfolio.
* Prime Location in 'Rokeby Place' Retail Center: Surrounded by popular tenants like Domino's, Taste of Kebabs, Just Dogs Grooming, and Native Body Bar.
* Attractive Annual Rent Increases: CPI annual rent increases, ensuring long-term growth.
* Investor - Favored Net Lease: Tenant responsible for outgoings (including land tax, water rate, council rate)
* Net rent: $26,000 p.a. + GST
* Lease term: 3+3 years
* Landlord pays body cop fee
* Proximity to National Retailers: Nearby Ampol, Australian Glass Group, Vinnies, and IGA.
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Property Details for Suite 4/27 South Arm Rd, Rokeby

Building Type
Commercial
Floor Size
235m2

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About Rokeby 7019

The size of Rokeby is approximately 12.3 square kilometres. It has 14 parks covering nearly 6.1% of total area. The population of Rokeby in 2011 was 3,157 people. By 2016 the population was 3,374 showing a population growth of 6.9% in the area during that time. The predominant age group in Rokeby is 0-9 years. Households in Rokeby are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rokeby work in a community and personal service occupation. In 2011, 57.9% of the homes in Rokeby were owner-occupied compared with 55% in 2016.

Rokeby has 2,604 properties. Over the last 5 years, Houses in Rokeby have seen a 67.69% increase in median value, while Units have seen a 73.21% increase. As at 31 October 2024:

  • The median value for Houses in Rokeby is $523,168 while the median value for Units is $550,421.
  • Houses have a median rent of $510 while Units have a median rent of $510.
There are currently 45 properties listed for sale, and 2 properties listed for rent in Rokeby on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Rokeby.

Suburb Insights for Rokeby 7019

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BRICK & CASTLE
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.