ASX Listed Anchored Dual Income Property - Long Secure Leases with Options to 2028
Outstanding dual income Mall retail property offering secure leases to long term tenants, located less than 50m to the $250m Devonport Living City redevelopment (under construction).
- Rivers Retail Pty Ltd: Fully owned subsidiary of Noni B group (ASX: NBL - Marked Cap of $254m) - one of Australia's largest women's fashion retailers with approx 1,350 stores nationally and sales of approximately $1 billion per year - Renewed 5 year lease to Rivers Retail Pty Ltd with Option to 2028 550m2 tenancy - Renewed 3 year lease to Lemon Tree Chinese Massage with Options to 2028 145m2 tenancy with 5 outlets in Northern Tasmania - Convenient rear access opposite Cinema and McDonalds - Ability to convert to one large retail premises with gross building area in the order of 730m2 plus basement storage. - Invaluable Right of Way for stock delivery off Best Street
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
Find out your loan options
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