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56 Best Street Devonport, TAS 7310

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56 Best Street,
Devonport, TAS 7310

Offices • Shops & Retail

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CBD COMMERCIAL INVESTMENT STRONG YIELD

This fantastic opportunity has now been made available to investors. With three tenants it offers strong income and a spread of risk across the investment. The three tenants are long-term occupants who have all renewed leases for a further three years each. The tenancies consist of a finance broker, conveyancer and wealth manager. This combination works well as all three businesses compliment each other.
The property is an old house that has been renovated and developed to create modern, stylish and spacious office space. The property boasts off-street parking for approximately 8 cars, street front access and off-street access, approximately 8 office spaces and reception, modern security including monitoring and many other features you would expect in a modern office space.
The property is ideally located in the CBD being walking distance from the busy Rooke St Mall, retailers and the ever growing Devonport Council Living City Project. In addition to off-street parking there is also meter parking in Best Street and the property is also close to the Coles and Woolworth's complex.
The leases have good room for growth built into them including options and with the current long-term tenants enjoying strong growth there is potential for longevity.

Please make further inquiry for further information.

• 3 tenants
• Off-street parking (approx.. 8)
• CBD location
• Walking distance to Rooke St Mall
• Busy Best St location
• Modern and stylish office space
• Approx. 8 office rooms

Property ID: 502838026Last Updated: 17 Feb 2021

03 6420 80...
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56 Best Street
Devonport, TAS 7310
Halliwell Property Agents - DEVONPORT
17 Best Street
DEVONPORT, TAS 7310
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