8 Formby Road,
Devonport, TAS 7310
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 8 Formby Road
Entry Level High Yield Circa 8.5% Investment
- Main Road distribution centre
- Fully tenanted for 20+ years
- Rent $57,351 pa (April 2017)
Second Bite, expanding national fresh food distributor, lease plus option to Nov 2025, fixed 3% increases
Allgoods, well known and long established camping and adventure retailer, lease plus option to March 2024, fixed 3% increases
Smaller third tenant on new leaseback plus option to Sept 2020, 3% increases
Excellent leasing history, property fully tenanted for over 20 years
Strategic gateway location between city centre and Tasmania’s main port and adjacent to highway interchange
Devonport/Ulverstone: a region with a population of 37,224 (ABS)
Neighbouring high profile brands Luxaflex, Pet Barn, Stihl and CSR etc
Easily accessible site of 929 sqm with parking
Flexible steel framed and well maintained building of 663 sqm
Rent: $57,351 pa (April 2017)
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Allgoods, well known and long established camping and adventure retailer, lease plus option to March 2024, fixed 3% increases
Smaller third tenant on new leaseback plus option to Sept 2020, 3% increases
Excellent leasing history, property fully tenanted for over 20 years
Strategic gateway location between city centre and Tasmania’s main port and adjacent to highway interchange
Devonport/Ulverstone: a region with a population of 37,224 (ABS)
Neighbouring high profile brands Luxaflex, Pet Barn, Stihl and CSR etc
Easily accessible site of 929 sqm with parking
Flexible steel framed and well maintained building of 663 sqm
Rent: $57,351 pa (April 2017)
Auction 11am AEDT Wednesday 22 February 2017
River Room, Crown Casino, Melbourne
Property ID: 502246914Last Updated: 3 May 2021
8 Formby Road
Devonport, TAS 7310
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Contact Agency
Shepherd & Heap Pty Ltd - LAUNCESTON49 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.
Contact Agent
Nubco Hardware, Lot 3/39a Don Road,Devonport, TAS 7310 3695 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
Contact Agent
GP Glass, 26 Loone Lane,Spreyton, TAS 7310 1935 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices