New Lease to Thriving Retail Giant- Substantial Freehold Site

Description

+ Brand new lease to The Good Guys until 2028 plus options through to 2048.
+ Blue-chip tenant, a wholly owned subsidiary of ASX listed JB Hi-Fi Limited (JBH) with a market cap of $5.73 billion.
+ The Good Guys, a market leading white goods and electronics retailer with significant market share of the Australian market.
+ JB Hi-Fi Limited 316 stores Australia wide, FY21 sales up 12.6% to $8.9 billion.
+ Annual rent reviews
+ Modern 2021 constructed 2,520sqm* building to the Good Guys latest store fit-out plus significant tax depreciation benefits.
+ High profile 7,104sqm* main road, freehold site with 80 on-title car spaces and 76 metres of frontage to busy Goderich Street/ East Tamar Highway.
+ Proven retail destination adjoining Bunnings and RSEA as well as JB Hi-Fi, Officeworks, Petstock, Fairbrother Constructions and McDonalds.
+Within 600 metres* of The University of Tasmania Inveresk campus and UTAS stadium.
+ Tasmania: leading the nation in key economic drivers, #1 CommSec State of the State Report for the past 8 quarters.
+Net Rental: $514,552 pa + GST (June 2022)

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 30 March 2022
Crown Casino, Melbourne.

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Contact agents
Matthew Wright Partner
0458 290 588
Raoul Holderhead Partner
0413 860 304
Enquiry Form

Invermay, TAS

25 Goderich Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 151

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