19 Marlborough StreetLongford TAS 7301
Property Details for 19 Marlborough St, Longford
Last Listing description (January 2019)
It does not get any simpler than this if you are after a secure, reliable income stream.
Freehold purpose-built pharmacy building; established 40-year business; securely leased on 5+5+5 lease and a well-cared for low maintenance building. The business is under-pinned by a strong local community requiring pharmacy services, general chemist/health/beauty products and extensive gift lines. Located in a high profile well-recognised location and supported by a busy local doctor's practice and aged care facility. The landlord can be confident of the security of an ongoing tenancy. The building offers a huge footprint (345m2) with retail space, dispensing area, consulting area plus staff facilities!
Flat, easy care block (721m2) with good off street parking and service/delivery access. Zoned "General Business"
* Freehold; fully leased pharmacy building
* Purpose built, brick, low maintenance; some 345m2 footprint
* Leased on 5 years plus (x2) 5-year options
* 18 months into first 5-year period annual rental income at commencement $42,000 (plus GST)
* Annual CPI increases
* Projected net return to the landlord of 8.5-9%
* Tenant pays all major outgoings: Annual rates, Vendors land tax, Water and sewerage
For all enquiries, please contact David Headlam of Roberts Real Estate Longford
Property History for 19 Marlborough St, Longford, TAS 7301
- 28 Oct 2022Sold for $621,500
- 03 Dec 2018Sold for $495,000
- 23 Nov 2018Listed for Sale $495,000
Commute Calculator
Recent sales nearby
See more recent sales nearby/assets/perm/cchsbj6gxqi63oldlg47efaqk4?signature=5818e5f830ded5d34dda0145a74a84dd1598f0340cca2df841c1b4e8491726d1){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
About Longford 7301
The size of Longford is approximately 177.1 square kilometres. It has 16 parks covering nearly 2.8% of total area. The population of Longford in 2011 was 3,755 people. By 2016 the population was 3,862 showing a population growth of 2.8% in the area during that time. The predominant age group in Longford is 60-69 years. Households in Longford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longford work in a trades occupation. In 2011, 72.7% of the homes in Longford were owner-occupied compared with 68.2% in 2016.
Longford has 2,317 properties. Over the last 5 years, Houses in Longford have seen a 58.87% increase in median value, while Units have seen a 69.62% increase. As at 31 October 2024:
- The median value for Houses in Longford is $509,906 while the median value for Units is $391,498.
- Houses have a median rent of $465 while Units have a median rent of $450.
Suburb Insights for Longford 7301
Market Insights
Longford Trends for Houses
N/A
N/A
View TrendN/A
N/A
Longford Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
