46-52 Alexandra RoadUlverstone TAS 7315
Property Details for 46-52 Alexandra Rd, Ulverstone
Last Listing description (May 2013)
Brand New Lease to Woolworths Subsidiary
Brand new 7+7+7+7 year Lease to blue chip tenant, HTH Pty Ltd trading as Becks Timber & Hardware, 67% owned by Woolworths and 33% by Lowes (USA).
Important CBD location within Tasmania???s largest town, opposite IGA supermarket and major healthcare facility.
Two retail showrooms and warehouse building totalling 2,244m2* recently rebadged to Becks branding and scheduled for internal refit at tenants expense.
Long established and proven hardware business.
Becks, a division of Home Timber & Hardware: Long established and growing network of over 240 stores across Australia.
Rents reviewed annually to CPI capped at 3.5%, with market reviews capped and collared at 10% at commencement of option periods.
Attractive net Lease structure with tenant responsible for Rates, Taxes, Building Insurance, Repairs and Maintenance.
Commencing Net Rent: $175,000 p.a.
Ulverstone: Important township undergoing significant government funded redevelopment. Urban Centre population nearing 12,110 (2011 census).
Property History for 46-52 Alexandra Rd, Ulverstone, TAS 7315
- 19 Apr 2013Listed for Sale Not Disclosed
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About Ulverstone 7315
The size of Ulverstone is approximately 16.6 square kilometres. It has 14 parks covering nearly 3.7% of total area. The population of Ulverstone in 2011 was 6,342 people. By 2016 the population was 6,477 showing a population growth of 2.1% in the area during that time. The predominant age group in Ulverstone is 50-59 years. Households in Ulverstone are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ulverstone work in a trades occupation. In 2011, 70.1% of the homes in Ulverstone were owner-occupied compared with 67.7% in 2016.
Ulverstone has 3,854 properties. Over the last 5 years, Houses in Ulverstone have seen a 73.85% increase in median value, while Units have seen a 69.72% increase. As at 31 October 2024:
- The median value for Houses in Ulverstone is $505,333 while the median value for Units is $427,458.
- Houses have a median rent of $415 while Units have a median rent of $370.
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