Evolution Hardware, 16 Burgess Drive,
Shearwater, TAS 7307
Warehouse, Factory & Industrial • Offices
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Map of Evolution Hardware, 16 Burgess Drive
Entry Level Investment - 8.5% Yield Anticipated
- New 3 + 3 year lease
- 'Capital Intensive' building upgrades
- Growing satellite suburb of Devonport
New 3 year lease to April 2020 plus option to 2023
Evolution Hardware Pty Ltd: wholly owned subsidiary of Joinery Products established in 1956
Annual CPI rent reviews and market review at the option
Tenant pays all usual outgoings
Modern high clearance warehouse of 235 sqm with recent capital intensive fit-out upgrades including kitchen, bathroom, LED lighting, hardstand area and powered container height RSD's
Prominent 494 sqm landholding with 18.5 metre frontage
Shearwater: Growing satellite suburb of Devonport evidenced by recently opened Woolworths anchored shopping centre
Single tenant minimum management investment
Rent: $32,000 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Evolution Hardware Pty Ltd: wholly owned subsidiary of Joinery Products established in 1956
Annual CPI rent reviews and market review at the option
Tenant pays all usual outgoings
Modern high clearance warehouse of 235 sqm with recent capital intensive fit-out upgrades including kitchen, bathroom, LED lighting, hardstand area and powered container height RSD's
Prominent 494 sqm landholding with 18.5 metre frontage
Shearwater: Growing satellite suburb of Devonport evidenced by recently opened Woolworths anchored shopping centre
Single tenant minimum management investment
Rent: $32,000 pa
Auction 11am AEST Wednesday 9 August 2017
River Room, Crown Casino, Melbourne
Property ID: 502468554Last Updated: 3 May 2021
Evolution Hardware, 16 Burgess Drive
Shearwater, TAS 7307
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Knight Frank - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
