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Fully Leased to long-standing Tenant

1-3 Edward Street, DEVONPORT TAS, 7310

Sold

Property Sold in 1-3 Edward Street, DEVONPORT TAS, 7310

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310

Listing ID:
11348495
Status:
Under-offer
Price:
$675,000 + GST (If Applicable)
Last Updated:
30/01/2020
Icon building

Property Type

Retail
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Land Area

N/A
Icon size

Floor Area

436 SQM
Icon parking

Parking

6

Fully Leased to long-standing Tenant

1-3 Edward Street, Devonport presents an outstanding opportunity to purchase a slice of Devonport’s CBD that is 100% leased to a well-established baby products retailer ‘Storktalk’ which has occupied the site for approximately 10 years.

The property is superbly located in the block adjacent to Devonport’s ‘Rooke Street Mall’, set within walking distance of many CBD buildings, retailers, public facilities and accommodation such as the ‘Gateway Inn’.

This retail investment opportunity will not disappoint the savvy investor, who will no doubt see the benefits of this inner CBD location as the Devonport CBD continues to re-generate and develop.

3 year term from 1 July 2018, with 3 year option, the property provides an estimated net income of approximately $52,500.

For Sale $675,000 plus GST (if applicable)

For more details, please email agent

Knight Frank Tasmania (Devonport)

48-54 Oldaker Street, Devonport, TAS 7310


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