1 Read Street, Rosebery TAS 7470

$175,000

1 beds

1 baths

6 parking

Rev Up Your Investment Portfolio! Prime Workshop Opportunity!

Fuel your financial success with a unique investment opportunity in the heart of Rosebery on the West Coast Tourist road of Tasmania. We present to you the iconic old service station that's not just a piece of history but a golden ticket to future prosperity with a gross rental yield of 9.3%. Rosebery sits in a rich area of mining, tourism, mountain biking, fishing, hiking and water adventures.
This property boasts a well-divided layout, featuring a spacious showroom area (4.2m x 10.8m approx), workshop (8.7m x 11.3m approx), a functional kitchen, and a convenient storage room. The thoughtful design caters to a variety of businesses, making it a canvas for your investment dreams.
Need a space for heavy-duty projects? We've got you covered with a separate workshop that's 8m x 13.5m, complete with 3-phase power. The separate workshop, is ready for your strategic decision. Renew the lease or explore new ventures- this powerhouse is a versatile addition to your investment arsenal.

There are 3 current tenants, returning $340 per week. Each tenant is prepared to sign a 12-month lease or vacate, providing you with flexibility. You can either continue the existing leases, securing immediate returns, or collaborate with tenants to explore new opportunities for mutual growth.
Workshop equipment included in the sale consists of 4 post hoist (near new), Metal band saw, John Heine flypress, Toolroom milling machine & AL51G bench lathe.

Positioned on the main highway through Rosebery, this investment gem sits on the West Coast Tourist road, a hotspot for travelers and locals alike. Benefit from the constant flow of traffic, ensuring a steady stream of potential customers for your business.
Rosebery's growth as a tourist destination makes this property a strategic investment. Whether you're looking to start a new business, expand your portfolio, or redevelop for maximum returns, this is your chance to tap into the economic pulse of the region.

Why Invest in Rosebery?

• Growing Tourist Traffic
• Proximity to Key Attractions
• Economic Development Initiatives
• Community-Focused Atmosphere

Features
• PID 6027706
• Zoned Rural
• Yearly Council rates $1500
• Crown land adjoining property
• Town water & sewer serviced
• Old service station (petrol tanks decommissioned)

Call Jenelle to discuss further or to organise inspection

Property Details

• Type: House
• Bedrooms: 1
• Bathrooms: 1
• Toilets: 2
• Garage Spaces: 2
• Other Parking: 4
• Land Area: 482 m² (approx)