Knight Frank is pleased to offer for sale by Expressions of Interest this exceptional property located on a premier corner at 98 Best Street, Devonport
This is a superb opportunity to purchase an office building which was extensively renovated in 2019, and has a long term lease in place.
The property is fully leased to national engineering and consulting practice 'Pitt & Sherry' on a 10 year lease, expiring 30 November 2029 with two further options of five years. Annual rental increases are adjusted to the greater of 3.00% or CPI.
The building provides a modern level of office amenity and services within a very popular and well frequented central location. Properties in the immediate vicinity include major retailers, Coles/K-Mart and Woolworths. Other businesses include offices, retail, allied health and car dealerships.
For Sale by Expressions of Interest Closing 15 October 2020. For further information or to inspect please contact Nicholas Bond or Rob Dixon of Knight Frank.
For more details, please email agent