58 Emmett Street, Smithton, Tas 7330

Bedrooms
4
Bathrooms
2
Parkings
2
Area
325m2
Type
Townhouse

Last updated on Tuesday, January 23, 2024

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58 Emmett Street, Smithton, Tas 7330 - More Details

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Here is your opportunity to be the next owner of this prominent main street building in the centre of the main street of Smithton. The solid brick 1930's building was constructed as a bank with a generous four bedroom residence at the rear. The shopfront is leased by Spinks Property Services and has occupied by the business since 1988. Commercial lease in place with options until 2030.
Income Spinks Property Services $2003 per month (incl GST) $21,840 p.a. net. The initial 3-year lease commenced 22/5/15 with a further 5 x 3-year options. 1% annual rent increases.
House $290 per week $15,080 p.a.
Total $36,920

Expenses
Council rates $3157
Land Tax $584
Taswater $1140
Management fees $1500
Insurance $2454

Minus SPS share $2440 (50% rates, Taswater and land tax)
Total $6395

Net rental $30,525 per annum.

Type
Townhouse
Bedrooms
4
Bathrooms
2
Parkings
2
Area
325m2

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58 Emmett Street Smithton TAS 7330

Property FAQs

How many bedrooms does the property listed 58 Emmett Street, Smithton, Tas 7330 feature?

58 Emmett Street, Smithton, Tas 7330 is a 4 bedroom Townhouse.

What are the standout features of the 58 Emmett Street, Smithton, Tas 7330?

Explore all key property features for 58 Emmett Street, Smithton, Tas 7330. Click here to find out more.

What is the total land area and built-up area of the 58 Emmett Street, Smithton, Tas 7330?

The total land area and built-up area of the 58 Emmett Street, Smithton, Tas 7330 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 58 Emmett Street, Smithton, Tas 7330?

58 Emmett Street, Smithton, Tas 7330 can accommodated 2 vehicles in the parking area.

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