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53 Don Road
Devonport TAS 7310
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Sold on 11 Dec 2019

53 Don Road Devonport TAS 7310

  • Shop & Retail
  • 514 m²
  • Sold

Auto Retail Investment - Leased to ASX Listed Subsidiary

  • Bapcor Ltd: Market Cap $2Billion
  • Prime 961sqm Freehold Site
  • Suits $600K + buyers

+ 4 year lease to July 2022 plus option to 2026.
+ Tenant pays usual outgoings.
+ Well presented 514 sqm building on 961 sqm freehold title.
+ Burson Auto Parts: 180 stores and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2B.
+ Annual rent reviews.
+ High exposure destination location amongst complementary auto tenants and car dealerships.
+ Net Income: $44,420 pa + GST

Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC

AUCTION

Auction date and time11/12/2019 11:00
Auction location11AM, Crown Casino, Melbourne

Property Highlights

Date Sold11 Dec 2019
Floor Area514 m²
Land Area961 m²
ParkingAsk Agent
Property ID2015877373
Category
Last updated  16 Dec 2019
Map for 53 Don Road Devonport TAS 7310

Property Highlights

Date Sold11 Dec 2019
Floor Area514 m²
Land Area961 m²
ParkingAsk Agent
Property ID2015877373
Category
Last updated  16 Dec 2019
Level 20, 150 Lonsdale Street Melbourne VIC 3000
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd

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