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
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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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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