Kosaten Japanese, Unit 15/13-17 Castray Esplanade, BATTERY POINT, TAS, 7004

+ Brand new 15 year lease from 1st June 2021 through to 31st May 2036

+ Assured rental growth through fixed annual 3.5% increases

+ Investor friendly net lease terms: Tenant pays all outgoings inclusive of land tax & body corporate fees

+ Impressive & modern $750,000 fit out

+ Kosaten Japanese: Game changing modern Japanese restaurant with significant following across Tasmania & now interstate with 5 locations

+ Superbly located within the World Renowned Salamanca waterfront precinct and benefits from surrounding leading businesses, accommodation & Residential uses

+ Salamanca Position which attracts $1.34 million tourists annually

+ Hobart: 16.5% median house price growth, 5.9% above national average

+ Tasmania: Leading the nation with key economic indicators according to Commsec’s ‘State of the States’ report

+ Net Rental: $111,603pa + GST

To be sold by Burgess Rawson Investment Portfolio Auction

Tuesday 10 August 2021

Bidding available via phone, online, and in person at the Hilton Brisbane or remotely at our Perth and Canberra state offices, and the offices of participating conjunctional agents.

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