19 Marlborough StreetLongford TAS 7301
Property Details for 19 Marlborough St, Longford
Last Listing description (January 2019)
It does not get any simpler than this if you are after a secure, reliable income stream.
Freehold purpose-built pharmacy building; established 40-year business; securely leased on 5+5+5 lease and a well-cared for low maintenance building. The business is under-pinned by a strong local community requiring pharmacy services, general chemist/health/beauty products and extensive gift lines. Located in a high profile well-recognised location and supported by a busy local doctor's practice and aged care facility. The landlord can be confident of the security of an ongoing tenancy. The building offers a huge footprint (345m2) with retail space, dispensing area, consulting area plus staff facilities!
Flat, easy care block (721m2) with good off street parking and service/delivery access. Zoned "General Business"
* Freehold; fully leased pharmacy building
* Purpose built, brick, low maintenance; some 345m2 footprint
* Leased on 5 years plus (x2) 5-year options
* 18 months into first 5-year period annual rental income at commencement $42,000 (plus GST)
* Annual CPI increases
* Projected net return to the landlord of 8.5-9%
* Tenant pays all major outgoings: Annual rates, Vendors land tax, Water and sewerage
For all enquiries, please contact David Headlam of Roberts Real Estate Longford
Property History for 19 Marlborough St, Longford, TAS 7301
- 28 Oct 2022Sold for $621,500
- 03 Dec 2018Sold for $495,000
- 23 Nov 2018Listed for Sale $495,000
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0About Longford 7301
The size of Longford is approximately 177.1 square kilometres. It has 16 parks covering nearly 2.8% of total area. The population of Longford in 2016 was 3863 people. By 2021 the population was 4268 showing a population growth of 10.5% in the area during that time. The predominant age group in Longford is 60-69 years. Households in Longford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Longford work in a trades occupation.In 2021, 70.90% of the homes in Longford were owner-occupied compared with 68.20% in 2016.
Longford has 2,317 properties. Over the last 5 years, Houses in Longford have seen a 39.90% increase in median value, while Units have seen a 57.50% increase. As at 31 December 2025:
- The median value for Houses in Longford is $556,817 while the median value for Units is $453,034.
- Houses have a median rent of $500 while Units have a median rent of $470.
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