1-3 Finlayson Way Devonport TAS 7310

Burgess Rawson in conjunction with Elders Commercial Tasmania are pleased to offer to market Petbarn and Vinnies, Devonport, TAS for sale via our Investment Portfolio Auction 177.

This investment has the following key highlights

+ Recently renewed Five (5) Year lease to 2030 plus options to 2035, to Petbarn, on-site for 17+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan
+ New lease to St Vincent de Paul to May 2028 with options to 2034
+ Vinnies: est. 1833, Australia's leading national not-for-profit organisation with 24 stores across Tasmania (1)
+ Investor preferred net lease terms with tenants responsible for all usual outgoings including land tax as per the lease
+ Two retail showroom buildings totalling 807 sqm*
+ Irreplaceable 2,295sqm* freehold landholding with large 81.13 m* frontage to Formby Road within the Devonport Commercial zone
+ Devonport - Largest North - West Coast city, Tasmania's major shipping port and tourism link to Mainland- 450,000* passengers arrive annually via the Spirit of Tasmania Ferries (2)
+ Estimated Net Income: $166,809pa* plus GST

For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 25 June 2025
River Room, Crown Casino, Melbourne

* Approx
1. St Vincent de Paul Society
2. Devonport City Council