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Overview
79 Ferry Road
Welcome to 79 Ferry Road, Kettering, an exceptional investment opportunity located in a prime area. This expansive commercial property offers a substantial building area of 414 square meters, currently utilized as a retail and cafe space. The property benefits from a secure lease agreement, generating an approximate net income of $65,000 per annum, providing a stable revenue stream for investors.
Strategically positioned adjacent to the Bruny Island Ferry, the location enjoys high visibility and significant foot traffic, making it an ideal venue for hospitality and retail food businesses. The property's prominent placement ensures excellent exposure to both locals and tourists, enhancing its commercial appeal.
Beyond its current use, the site presents promising development potential, subject to council approval (STCA). There is an opportunity to develop accommodation facilities on the property, which could further increase its value and utility. This flexibility makes it a versatile asset for investors seeking to capitalize on the growing demand in the area.
The property is situated in a highly sought-after region known for its natural beauty and tourism appeal. Kettering serves as a gateway to Bruny Island, attracting visitors year-round, which supports the viability of hospitality and retail ventures. The combination of a solid lease, prime location, and development prospects makes this an outstanding investment prospect.
Investors and developers are encouraged to consider this unique offering. The property's size, location, and income potential provide a strong foundation for future growth. Whether maintaining the current retail and cafe operation or pursuing development opportunities, 79 Ferry Road offers significant advantages.
Do not miss the chance to secure a foothold in this thriving market. This property represents a rare opportunity to invest in a commercial asset with both immediate income and long-term development possibilities. Interested parties are invited to arrange a viewing to fully appreciate the potential and benefits of this exceptional property.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Kettering TAS 7155
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 414 m² |
Market Insights for Kettering TAS 7155
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