Leased to Carpet Court a large furniture and flooring centre in Maryborough. Current 5 year lease through to 2012 with 2 x 5 year options. Land area 1,970m2. Net lettable area 1,300m2 approximately. Tenant is established with 5 branches in north coast area. Long term development site. Asking $1.050m negotiable, CPI increase effected 2 July 2008 - current nett income $97,743 per annum (exclusive of GST).
It is currently zoned as Commercial and has been used as Latrobe’s Medical Practice for the last 25 years, however the Practice is moving to a larger property to accommodate for Latrobe’s growing population (one of Tasmania’s fastest growing areas)