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3 Stoke Street, NEW TOWN, TAS, 7008

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3 Stoke Street, NEW TOWN, TAS, 7008

3 Stoke Street, NEW TOWN, TAS, 7008

Properties / Sold / Tasmania / New Town
Tenanted Investment

1. Property Summary

Selling Method
EOI
Selling Details
For Sale by Expressions of Interest
Land Area
1,034 m² (*approx)
Floor Area
283 m² (*approx)
Property Type
Child/Healthcare, Retail, Land
Sub-type
Health Care & Medical, Mixed Use, Consulting Rooms
Terms
3-year term plus 3-year option with lease expiry being either 18 February 2026 or 18 February 2029
Est. Income
$83,719 p/a
Fully Leased
Partnered Health
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2. Property Highlights

High profile medical freehold on large 'Inner Residential' zoned land parcel
  • Future development potential^
  • North facing 2 storey building
  • Estimated net income: $83,719 plus GST

Knight Frank present to the market this high-profile freestanding GP practice in the sought-after suburb of New Town. The property comprises a large land holding offering potential for future development or expansion^.

The property is leased to Partnered Health, trading as 'General Practice Plus' – one of Hobart’s most successful and well-known GP businesses with six clinics in Southern Tasmania.

The Tenant has recently committed to a 3-year term plus 3-year option with lease expiry being either 18 February 2026 or 18 February 2029.

Partnered Health are one of Australia’s leading health groups with over 115 clinics throughout Australia and New Zealand*.

For further information or to arrange an inspection please contact the undersigned.

^ STCA

*Partnered Health Website

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

1. Property Summary

Property Type
Child/Healthcare, Retail, Land
Sub-type
Health Care & Medical, Mixed Use, Consulting Rooms
Est. Income
$83,719 p/a
Tenant
Partnered Health
Terms
3-year term plus 3-year option with lease expiry being either 18 February 2026 or 18 February 2029
Land Area
1,034 m² (*approx)
Floor Area
283 m² (*approx)
Selling Method
EOI
Auction Date
16 Mar 2023 04:00PM
Add to calendar
Selling Details
For Sale by Expressions of Interest

2. Property Highlights

High profile medical freehold on large 'Inner Residential' zoned land parcel
  • Future development potential^
  • North facing 2 storey building
  • Estimated net income: $83,719 plus GST

Knight Frank present to the market this high-profile freestanding GP practice in the sought-after suburb of New Town. The property comprises a large land holding offering potential for future development or expansion^.

The property is leased to Partnered Health, trading as 'General Practice Plus' – one of Hobart’s most successful and well-known GP businesses with six clinics in Southern Tasmania.

The Tenant has recently committed to a 3-year term plus 3-year option with lease expiry being either 18 February 2026 or 18 February 2029.

Partnered Health are one of Australia’s leading health groups with over 115 clinics throughout Australia and New Zealand*.

For further information or to arrange an inspection please contact the undersigned.

^ STCA

*Partnered Health Website

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Download Development Site Report

3. Property Location

3 Stoke Street, NEW TOWN, TAS, 7008

Property Map
Street View
3 Stoke Street, NEW TOWN, TAS, 7008 New Town
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, Tasmania, Australia, 7000
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