TPR Property Group is proud to present Southgate Shopping Centre, a securely leased retail asset positioned in the heart of Dover, a thriving coastal township approximately one hour south of Hobart.

Strategically located on the main thoroughfare, this high profile centre services both the strong local community and the region’s growing tourism and recreational fishing market. Anchored by established essential service tenants, Southgate offers stable income, defensive tenant mix and long term investment appeal.

Investment Highlights

• Six (6) established tenancies comprising:
– IGA Supermarket
– Bendigo Bank
– Australia Post
– Pharmacy
– Laundromat
– Café

• 100% leased to essential service operators
• Strong lease covenants and diversified income stream
• Tenants contribute to outgoings
• Prominent, high exposure location in town centre
• Ample onsite customer parking
• Land Area: 1,686 m² (approx.)
• Building Area: 1,194 m² (approx.)
• Positioned within a key tourism, aquaculture and fishing hub

Southgate Shopping Centre represents a rare opportunity to secure a fully occupied regional retail investment underpinned by nondiscretionary spending and community based tenants.

For further information or to request the Information Memorandum, contact Maree Oost
Director | TPR Property Group

Disclaimer: We have obtained all information in this document from sources we believe to be reliable however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations