Retail Medical Investment in Newtown, Tasmania
1/121-127 Newtown Road & Part 19 Roope Street, Newtown TAS
A Well-Planned Entry into Tasmania's Retail Market
Our clients discovered us through one of our webinars and came with a clear goal: securing strong, reliable cash flow despite limited serviceability. Positioned on a main road within New Town's primary shopping precinct in Tasmania, this retail medical property was secured for $1.616M and sits within a multi-tenancy setting with strong onsite parking and an established medical tenancy.
Income-Producing with Staying Power
The asset delivers a 6.2% net yield with a lease to 2031 and options extending to 2041, making it a low-maintenance, income-producing investment built for long-term stability. Entering the commercial space at this level, with a defensive healthcare tenant and long-term lease structure, is a well-considered move and one we are proud to have supported from start to finish.
Great retail on a busy main road does the heavy lifting for you.
Take the First Step Toward Financial Freedom
Ready to transform your financial future? Mecca Property Group provides the expertise and support you need to build a high-performing property portfolio. Whether you're new to investing or looking to expand your existing portfolio, our buyers agents are here to guide you every step of the way.
Ready to invest? Schedule your free strategy session today.
