PROPERTY DESCRIPTION

289-291 Main Road, New Town is located on the prime main road site of Glenorchy City, and is benefit from this high traffic location.
This site welcomes many different usages with the zoning allowing for commercial and residential.

With a total land area of approx 1,376 sqm, this site is featuring
– approx 137 sqm of retail area
– approx 116 sqm of warehouse area
– approx 123 sqm of residential area

Key features:
– Prime main road site with abundance of on-site parking
– Great signage opportunity with valuable exposure
– Mixed use of commercial and residential
– Good development opportunity STCA
– Great opportunity for investment, owner occupy or re-develop
– Estimate gross income of $52,000 per year