634 Richmond Road
Cambridge TAS 7170
By Offer
Investment sale and lease back opportunity in the Coal River Valley
Elders Commercial is proud to present to market Coal River Farm, 634 Richmond Road, Cambridge. A substantial land holding of 18.12 ha* on the busy Coal River Valley tourist route located midway between Cambridge and Richmond, only 15 kms* from Hobart CBD.Superbly built in 2015 with quality buildings and infrastructure including a water licence, Coal River Farm has a proven viable business since its inception in August 2015. The business includes a restaurant/cafe, cheese-making and chocolate making facilities, and retail shop.
This high-profile production and manufacturing farm enjoys a high revenue and is well known throughout Australia, with retail outlets in Hobart, Launceston, Fremantle and Melbourne.
With a current net income of $350,000* per annum, the Vendor will offer a long term 10-year, triple net lease (with options) that will provide an above average yield.
634 Richmond Road, Cambridge is for sale by offers over $4.5 million.
For any further information please contact Scott Newton or James Black at Elders Commercial Hobart.
*Approx
Features
General Features
- Land Area: 18hect
- Commercial Type: Hotel/Leisure
- Building Area: 181,200sqm
- Zoning: Agriculture
Can I afford 634 Richmond Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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