11-17 Stewart Street Devonport TAS 7310

Edlers Commercial is pleased to present this fully leased, two storey office building to the market. The property is strategically positioned within the CBD, in close proximity to the Post office, major banks and the Rooke Street Mall along with convenient access to Formby Road and the Mersey River. The site of approximately 1,004* sqm features secure on-site parking for 9 * vehicles, which is a key benefit to any CBD office location.

Previously re-fitted to Federal Government specifications in 2013/14 the ground floor provides a high quality, accessible fit out and has recently been let to Primary Health Tasmania Limited. The first-floor office is let to Peter Heerey Lawyer on a recently agreed new term.

Both leases provide for annual rental increases and recovery of statutory outgoings. The provides a combined estimated net income of $159,248* per annum, excluding GST (before owner outgoings).

11 - 17 Stewart Street provides the opportunity to acquire a fully leased asset in a core CBD location benefitting from its accessible on-site parking and modern ground floor anchor tenancy.

For Sale by Private Treaty. For further information or to arrange an inspection, please contact Edlers Commercial.

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