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62-66 Rooke Street Devonport TAS 7310

  • Shop & Retail
  • 730 m²
  • For Sale, Contact Blake Shepherd

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

    Net rental $111,540p.a

    For further details contact Blake Shepherd

    Address62-66 Rooke Street Devonport TAS 7310
    Zoning22.0 Central Business
    CouncilDEVONPORT CITY COUNCIL
    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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    Property Highlights

    Property ID2015450163
    Floor Area730 m²
    Land Area903 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  1 Nov 2019
    Map for 62-66 Rooke Street Devonport TAS 7310
    Map for 62-66 Rooke Street Devonport TAS 731062-66 Rooke Street Devonport TAS 7310
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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

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Property Highlights

    Property ID2015450163
    Floor Area730 m²
    Land Area903 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  1 Nov 2019
    Shepherd & Heap Estate Agents
    49 Cameron Street Launceston TAS 7250

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