» »
Tenanted Commercial & Residential Investment - CBD

DEVONPORT TAS, 7310

For Sale

Property for Sale in DEVONPORT TAS, 7310

  • Profile placeholder
  • Colin Rowlands
Listing ID:
11362307
Status:
Active
For:
Sale
Price:
$749,000
Last Updated:
21/01/2020
Icon building

Property Type

Retail/Offices
Icon square

Land Area

228 SQM
Icon size

Floor Area

347 SQM
Icon parking

Parking

2

Tenanted Commercial & Residential Investment - CBD

Located in Southern Rooke Street, this building holds two separate tenancies - the lower ground commercial, and the first floor as residential.

The commercial tenancy houses Roberts Real Estate, a prominent Tasmanian real estate agency, who have occupied the property since 2013, who hold a current lease until 2020. It offers excellent frontage to busy Rooke Street.

The upstairs residential tenancy is a modern two-bedroom fit out; one of the best in the CBD. Currently tenanted, the property is kept in excellent condition and owing to it's condition, easy to lease when required. Parking and access for the first floor is via Rooke Lane at the rear of the property.

The building was constructed circa 1890, with the facade carefully refurbished and painted in recent years, and both commercial and residential spaces being renovated to modern spaces. It is neighboured by popular CBD businesses including Kathmandu, Cotton On, Target Country and Verona Cafe & Restaurant. The building is approximately 50m from the Rooke Street Mall and in the vicinity of the Living City precinct.

Southern Rooke Street recently benefited from a million dollar upgrade and refurbishment, creating increased parking spaces, new widened footpaths and the installation of seating and plants.

The property is listed for sale at $749,000, providing for a 7% yield on the commercial tenancy and 5% on the residential component respectively. GST is not expected to apply.

Please contact Colin Rowlands at Halliwell Property Agents for further information or to arrange an inspection.

For more details, please email agent

Halliwell Property Agents

17 Best Street, Devonport, TAS 7310

  • Profile placeholder
  • Colin Rowlands

More properties from Halliwell Property Agents
For Sale
DEVONPORT TAS, 7310

DEVONPORT TAS, 7310

Industrial/WarehouseRetail
For Sale
LATROBE TAS, 7307

LATROBE TAS, 7307

Retail
For Sale
LATROBE TAS, 7307

LATROBE TAS, 7307

Retail
For Lease
DEVONPORT TAS, 7310

DEVONPORT TAS, 7310

OfficesRetail
For Lease
DEVONPORT TAS, 7310

DEVONPORT TAS, 7310

Offices
For Lease
DEVONPORT TAS, 7310

DEVONPORT TAS, 7310

RetailOffices
More properties from Devonport
For Lease
Tenancy          4/64 Best Street, DEVONPORT TAS, 7310

Tenancy ...

Offices
For Lease
DEVONPORT TAS, 7310

DEVONPORT TAS, 7310

OfficesRetail
Sold
Whole Building/16 Don Road, DEVONPORT TAS, 7310

Whole Building/16...

OfficesShowrooms/Bulky Goods
For Sale
92 Formby Road, DEVONPORT TAS, 7310

92 Formby Road, D...

Retail
Leased
Shop E/70-80 Best Street, DEVONPORT TAS, 7310

Shop E/70-80 Best...

Retail
Leased
Shop 1/142 William Street, DEVONPORT TAS, 7310

Shop 1/142 Willia...

OfficesRetail
Loading...