13 Fenton Street, Devonport TAS 7310
Excellent Investment Opportunity Devonport CBD
Halliwell Property Agents is pleased to present this unique investment opportunity to the market. 13 Fenton St, located in the heart of the Devonport CBD enjoys a strong position close to the Rooke St Mall and neighbouring both a Toyota dealership and the prominent Gateway Hotel.
This premises has been occupied by the same tenant for well over a decade and currently enjoys a favourable lease and strong relationship with that tenant. Modern and spacious, the premises comprises of approximately 432 m2 and is in excellent condition.
Many commercial premises in Devonport do not come with the luxury of parking, 13 Fenton St however has ample off-street parking at the rear for clients and staff. The tenancy is currently in a 5-year lease expiring mid-2027 with another 5-year option beyond that.
This is a very stable opportunity with an excellent tenant in place, perfect to add to a portfolio or purchase as part of a super-fund.
A copy of the lease and other particulars can be made available upon request.
Nett annual rent: $74,500 plus GST + Outgoings
This premises has been occupied by the same tenant for well over a decade and currently enjoys a favourable lease and strong relationship with that tenant. Modern and spacious, the premises comprises of approximately 432 m2 and is in excellent condition.
Many commercial premises in Devonport do not come with the luxury of parking, 13 Fenton St however has ample off-street parking at the rear for clients and staff. The tenancy is currently in a 5-year lease expiring mid-2027 with another 5-year option beyond that.
This is a very stable opportunity with an excellent tenant in place, perfect to add to a portfolio or purchase as part of a super-fund.
A copy of the lease and other particulars can be made available upon request.
Nett annual rent: $74,500 plus GST + Outgoings
