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92-94 Augusta Road Lenah Valley, TAS 7008

Sold on 20 May 2025Floorplan
  • Building: 285m²
  • Land: 488m²
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Retail in Lenah Valley

Rare Mixed-Use Investment Opportunity

  • Building: 285m²
  • Land: 488m²

Ray White Commercial is proud to present this tightly held mixed-use investment, ideally located at the entrance to Lenah Valley's exclusive commercial precinct. Just 10 minutes from Hobart's CBD, Lenah Valley is a sought-after suburb renowned for its leafy streets and village charm.

This property occupies a prominent corner position at the gateway to the suburb's only commercial strip - and with no room for expansion, future supply is limited. That scarcity underpins long-term demand, making this an ideal entry point into the commercial property market or a smart addition to any portfolio.

This fully leased investment comprises three separate tenancies, offering a diversified income stream from a florist, a hairdressing salon, and a two-bedroom residential flat at the rear. The property also includes three onsite car parks and generates a strong net income of approximately $69,680 per annum*. With a total building area of 285 sqm*, opportunities like this are rare in this tightly held location.

Contact the undersigned today for further information or to arrange an inspection.

*Approximately

Building:

285m²

Land:

488m² / 0.12 acres

Zone:

Inner Residential

Tenancy:

Tenanted

Categories:

Retail, Other

92-94 Augusta Road, Lenah Valley, TAS 7008