<p>Currently representing the best investment opportunity in the market, this property is strategically positioned in Smithton, the administrative and commercial heart of the Circular Head region, located 85km west of Burnie on Tasmania's northwest coast. The town serves as a major processing hub with significant employers including <strong>Greenham Tasmania</strong>, <strong>McCain Foods</strong>, and <strong>Saputo Dairy</strong>.</p><p>The region benefits from strong agricultural, forestry and aquaculture industries, with large employers providing economic stability. Key features include the largest tract of temperate rainforest in the Southern Hemisphere and 447,000 hectares of World Heritage wilderness that drive tourism in the area.</p><p>The property enjoys excellent connectivity via the Bass Highway which connects Hobart and Launceston. The Wynyard airport is 67km away, offering regular flights to Melbourne and King Island. The site's prime location at the intersection of Brittons Road and Bass Highway provides exceptional exposure to passing traffic.</p><p>The surrounding area features a diverse mix of established businesses including Serve-AG, Britton Timbers, and key retail operations, creating a strong commercial precinct that serves the wider Circular Head region. This strategic position, combined with the robust local economy driven by major food processors and agricultural businesses, makes this an exceptional investment opportunity.</p>

<p><strong>HTH Stores Pty Limited</strong> is a fully-owned subsidiary of Metcash Limited, one of Australia's leading wholesalers with over $18 billion in group revenue. The tenant operates as part of Mitre 10, Australia's largest independent hardware retailer with over 300 stores nationwide.</p><p>The business has maintained a long-standing presence in Smithton since 1900, servicing a large trade catchment area with no direct hardware competition within 48km. The tenant has demonstrated commitment to the site through recent refurbishment works in 2023.</p>

<p><strong>This premier investment opportunity, currently the best property on the market, generates a robust Current Net Income of $200,000 per annum</strong></p><p>The property is securely leased to HTH Stores Pty Limited, a fully-owned subsidiary of ASX-listed Metcash Limited (market cap $3.94 billion), until 2024 with two 5-year options exercised, first option commencing February 2024. The tenant pays all outgoings including council rates, land tax, cleaning, service charges and building insurance, providing a true net income stream.</p><p>Annual CPI reviews are built into the lease structure, providing income growth protection, with the property recently benefiting from a tenant-funded refurbishment program in 2023 that enhances its long-term value.</p>

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