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85 Channel Highway, Kingston, TAS, 7050
Tenanted Investment

Property Highlights

Flexible, highway fronting commercial asset
  • Future development potential (STCA)
  • Zoned: 'Inner Residential'
  • Invest, Owner occupy or develop

Knight Frank is pleased to offer for sale on an exclusive basis this versatile and well-presented property, located in tightly held Kingston commercial precinct, fronting busy Channel Highway.

The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.

The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.

The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.

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STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
85 Channel Highway, Kingston, TAS, 7050
STEP 03 Contact a finance professional

Map: 85 Channel Highway, Kingston, TAS, 7050

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Due Diligence Report

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  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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