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25 Goderich Street, INVERMAY, TAS, 7248

2. Property Highlights

New Lease to Thriving Retail Giant- Substantial Freehold Site
  • Blue-Chip Investment
  • The Good Guys: Owned by JB Hi-Fi Ltd
  • Brand New 7 Year lease to 2028

+ 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.

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

25 Goderich Street, INVERMAY, TAS, 7248

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4. Due Diligence

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