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87-93 Rooke Street, DEVONPORT TAS, 7310

For Sale & Lease
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Property for Sale & Lease in 87-93 Rooke Street, DEVONPORT TAS, 7310

Listing ID:
11393652
Status:
Active
For:
Sale & Lease
Last Updated:
10/09/2020
Price:
$875,000 excl GST
Icon building

Property Type

Retail
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Land Area

334 SQM
Icon size

Floor Area

512 SQM
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Parking

0

Prominent Character Rooke St Property On Offer

Shepherd & Heap are proud to offer for Sale or Lease is this prominent Rooke St property. Built in the 1880's in the heart of this bustling port city, it's landlords and tenants have enjoyed many years of consistent earnings from the exposure and location of such an asset.

Features:
- An attractive entry level property for the Commercial market portfolio investor
- Only metres from Devonport's exciting and new multi million dollar Living City Project
- A very neat 321m2 blank canvas for an immediate tenancy start up
- Depreciation benefits still exist on plant and equipment in part
- Further income potential upon renovation of first floor consisting of approx 190m2 of additional space, currently unusable.
- Central Business zoning overlay.

The property is available for Lease and is for Sale on a vacant possession exercise with further potential to yield a healthy Net return on the ground floor, with additional income potential also there, subject to the use of the first floor space.

For further detail contact the agent Marcus Douglas

For more details, please email agent

Shepherd & Heap

49 Cameron Street, Launceston, TAS 7250


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