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Premium Tenanted Investment - Devonport City Corner Position

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Description

*** UNDER CONTRACT ***

Positioned on a large corner block of approximately 1,500sqm and in close proximity to both the Devonport CBD and nearby Bass Highway, Halliwell Property Agents are pleased to exclusively present this excellent investment opportunity, with a strong tenant on a long lease, and 'urban mixed use' zoning for future development if desired.

- 450sqm floor area with both ground and first floor offices, reception, kitchen, bathrooms, etc.
- Air conditioning throughout premises.
- Full renovation/upgrade of the premises just completed, including the addition of rooms, painted throughout and new carpets.
- Two bathrooms, one with full disability access.
- Dual access to site, with 7.5m wide entrance from busy Wenvoe Street and additional gated entrance from Turton Street, with sections of fencing and gate recently replaced.
- 1,497 land area over two Titles, with the majority of the site sealed.
- Secure perimeter fencing.

Investors will find the tenant very desirable, recently taking occupancy on a 5 year lease term and renovating the property throughout.

The non-negotiable listing price reflects a 7% net return, with tenant paying all outgoings.

Contact Colin Rowlands at Halliwell Property Agents for all enquiries or to schedule an inspection.

Contact

Colin Rowlands

Colin Rowlands

0418 333 394

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