1-6/85-87 Main Street
Bridport, TAS 7262

This exceptional Bridport property presents a rare opportunity to acquire a fully occupied commercial investment in one of the region's most prominent coastal locations. Situated directly beside the beach, the property enjoys high exposure and benefits from strong pedestrian traffic, ensuring maximum visibility for tenants and consistent attention from both residents and visitors.

The asset consists of six separately titled commercial tenancies, each with varying lease terms. Among these tenants is an ASX-listed company, providing a stable and diversified income stream. The entire property is being offered for sale as a single line, making it an attractive investment for those seeking a secure and operational asset.

Set on a substantial landholding of 1140 square meters, the property is further enhanced by an additional block of land located to the rear, attached to Shop 6. This additional land offers future development potential, subject to council approval (STCA). The current owners have plans to upgrade the building's facade and are considering a boutique accommodation development, which would add further value to the site.

The generous land area combined with prominent street frontage maximizes commercial exposure and provides opportunities for tenant growth. The beachfront position naturally draws attention, strengthening the long-term investment appeal of the property.

Key Investment Considerations:

• Diversified income stream with six commercial tenants on varying lease terms, including an ASX-listed tenant.
• Fully operational asset offered with immediate income potential through rights to profits.
• Substantial landholding of 1140 square meters plus an additional rear block providing future upside.
• High visibility and foot traffic due to the coastal location, maximizing exposure for tenants.
• Strategic location on Bridport's main strip and beachfront setting ensures ongoing demand.
• Development potential with opportunities to expand or reconfigure the property, subject to council approval.

This property represents a compelling opportunity for investors seeking a secure, income-producing asset with immediate returns and long-term growth potential. It combines a proven tenancy track record with one of the region's most sought-after coastal locations, making it a valuable addition to any investment portfolio.