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'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005

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'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005

'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005

Properties / Sold / Tasmania / Sandy Bay
Development Potential

1. Property Summary

Property Type
Commercial
Sub Type
Retail/Shopping Centre
Land Area
988 m² (*approx)
Zoning
Residential
Local Government
Hobart City
Selling Method
EOI: Contact Agent
EOI Closing Date
7 Mar 2024 04:00PM
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2. Property Highlights

Rare Sandy Bay conversion opportunity - leased to ASX listed tenant
  • Superb, high profile location
  • Attractive triple net lease - ASX tenant
  • Holding income: $70,000 + outgoings +GST

We are pleased to offer for sale, this superbly located, tenanted investment with future re-development capabilities, situated in Sandy Bay's 'Golden Mile'.

The 'Telstra Exchange' 535 Sandy Bay Road, is located approximately 3.5km South-east of Hobart's city centre, within the prestigious bayside residential suburb of Sandy Bay. The surrounding properties include a mix of residential, commerical, early learning childcare and private schools.

The property is currently occupied by ASX listed tenant - Telstra Corporation Ltd, who will leaseback the property for $70,000 + all outgoings + GST on a minimum 2.5 year term.

The property provides an outstanding opportunity for future redevelopment for either residential conversion, commercial or Hospitality (STCA).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Retail/Shopping Centre
Land Area
988 m² (*approx)
Zoning
Residential
Local Government
Hobart City
Selling method
EOI: Contact Agent
EOI Closing Date
7 Mar 2024 04:00PM
Add to calendar

2. Property Highlights

Rare Sandy Bay conversion opportunity - leased to ASX listed tenant
  • Superb, high profile location
  • Attractive triple net lease - ASX tenant
  • Holding income: $70,000 + outgoings +GST

We are pleased to offer for sale, this superbly located, tenanted investment with future re-development capabilities, situated in Sandy Bay's 'Golden Mile'.

The 'Telstra Exchange' 535 Sandy Bay Road, is located approximately 3.5km South-east of Hobart's city centre, within the prestigious bayside residential suburb of Sandy Bay. The surrounding properties include a mix of residential, commerical, early learning childcare and private schools.

The property is currently occupied by ASX listed tenant - Telstra Corporation Ltd, who will leaseback the property for $70,000 + all outgoings + GST on a minimum 2.5 year term.

The property provides an outstanding opportunity for future redevelopment for either residential conversion, commercial or Hospitality (STCA).

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756

Download Development Site Report
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756

3. Property Location

'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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'Telstra Exchange', 535 Sandy Bay Road, Sandy Bay, TAS 7005 Sandy Bay
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, TAS, 7000
View Agency Profile
Claude Alcorso
Claude Alcorso
+61 *** *** *** show +61 417 586 756