10-12 Middle Road Devonport TAS 7310

Secure 10 + 5 + 5 year lease to August 2033.
Joinery Products: Established and successful tenant in occupation for over 60 years.
Annual CPI rent reviews.
Tenant pays all usual outgoings.
Significant 4,700 sqm landholding with dual street frontage.
Impressive well maintained 2,968 sqm showroom warehouse facility with recent $500K capital upgrades 2014/2015.
Strategic location providing easy access throughout Greater Devonport and the CBD.
Single tenant minimum management investment.
Excellent tax saving depreciation benefits.
Rent: $209,196 pa (August 2015).

Auction 11am AEST Wednesday 5 August
River Room, Crown Casino Melbourne