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High Profile Tenanted CBD Opportunity

DEVONPORT TAS, 7310

For Sale

Property for Sale in DEVONPORT TAS, 7310

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  • Colin Rowlands
Listing ID:
11344913
Status:
Active
For:
Sale
Price:
$745,000
Last Updated:
23/06/2020
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Property Type

Retail/Offices
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Land Area

594 SQM
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Floor Area

361 SQM
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Parking

2

High Profile Tenanted CBD Opportunity

Located just over 50 metres from the Devonport mall, Halliwell Property Agents is proud to exclusively bring this prominent site to the sale market. The site is superbly located on the fringe of Devonport's Living City project, with outstanding exposure from passing traffic along busy Stewart Street and glass frontage to the Edward Street intersection

Having undergone an extensive refit by it's new tenant. the property remains in excellent condition, offering approximately 361m2 of floor space, consisting of an open plan retail area, kitchen, bathrooms and a storeroom

The site is wheelchair accessible throughout, including via the 11.5 metre open veranda at the entrance to the building with ramp and automatic doors, in addition to steps and a secondary single pedestrian entrance.

The property is tenanted by a prominent local clothing retailer on a strong, long term lease (5 years with a 5 year Option).

With a net return of approx 5.3%, the property is listed for sale at $745,000.

Please contact Colin Rowlands at Halliwell Property Agents for further information.

For more details, please email agent

Halliwell Property Agents

17 Best Street, Devonport, TAS 7310

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  • Colin Rowlands

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