Retail Sold - TAS - Smithton - 7330 - OWNER SAYS "SELL" Investor Opportunity with Unit Development STCA 5% Return (Image 2)

46-48 Emmett Street Smithton TAS 7330

Sold

Property Type Retail
Land area approx 1336sqm
Floor area approx 1108sqm
Region Tasmania
Locality Circular Head

Tags: Development

OWNER SAYS "SELL" Investor Opportunity with Unit Development STCA 5% Return

A HUGE PRICE DROP FOR a huge vacant space with the largest showroom of the building having a complete renovation carried out recently. The main area has an office (staff room) and new toilet facilities. There is still the opportunity to finish renovations and also room for 20 accommodation units on the 2nd level which would be subject to Council approval. Plans are available for development.
The building is located in the main CBD of Smithton with huge glass display windows and very good street access. With the 2 existing shop fronts giving a return of 5% per annum. The main street of Smithton shop frontage is a great location and also one shop front has been fully renovated and leased out.