Real Estate Industry Partners

31 Church Street, Ross TAS 7209

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31 Church Street, Ross TAS 7209

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$730,000

Investment Opportunity

Prime tourist investment in Iconic Tasmanian Bakery Business. Five year lease with two further options to extend.

Achieving an annual rent of $58,400 pa. plus GST plus outgoings provides a yield of 8% pa.

Bakery 31 is home to the famous Tasmanian Scallop Pie Company and not only is a visiting location for tourists it also boasts a strong regular and repeat customer base.

Large 234m2 premises consists of a cafe, dining x2 =, kitchen, servery, storage, display, 1 bedroom apartment upstairs & toilets.

A sound investment for someone seeking something different. Well maintained premises, ideally suited to the bakery and hospitality sector.

Property Details

PRD Hobart

PRD Hobart

493 Main Road, Montrose TAS 7010

(03) 6274 7368

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MARTIN WALDHOFF

Call Martin Waldhoff on
0422426065

TONY COLLIDGE

Call Tony Collidge on
0409726680

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