Nubco Hardware, Lot 3/39a Don Road,
Devonport, TAS 7310
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
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Knight Frank - Devonport
4 Stewart StreetDEVONPORT, TAS 7310
Nubco Hardware, Lot 3/39a Don Road
Devonport, TAS 7310
Map of Nubco Hardware, Lot 3/39a Don Road
Booming ASX-Listed Tenant | Nubco State Distribution Centre
- Secure 7 year lease on net terms
- Booming ASX-listed tenant
- Fixed annual 3% increases
+ Secure 7 year Lease to 2026 plus options to 2036
+ Nubco: Subsidiary of Coventry Group: ASX: (CYG), market leading hardware, industrial supply business with a current market cap of $135 million**
+ Investor friendly net lease with tenant responsible for council rates, water rates, land tax and landlord insurance
+ Modern, adaptable & substantial 3,695*sqm industrial buildings
+ Significant 12,120*sqm site with low site coverage -30.5% providing significant future expansion upside (STCA)
+ Don Road location provides excellent access to the Bass Highway, CBD and Port of Devonport
+ Devonport: Largest North West Coast City, major service centre and tourism link to Melbourne
+ Situated in Devonport main bulky goods & industrial precinct
+ Guaranteed rental growth with fixed 3% annual increases
+ Net Rental: $290,220* pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Approx.
**As at August 2021
+ Nubco: Subsidiary of Coventry Group: ASX: (CYG), market leading hardware, industrial supply business with a current market cap of $135 million**
+ Investor friendly net lease with tenant responsible for council rates, water rates, land tax and landlord insurance
+ Modern, adaptable & substantial 3,695*sqm industrial buildings
+ Significant 12,120*sqm site with low site coverage -30.5% providing significant future expansion upside (STCA)
+ Don Road location provides excellent access to the Bass Highway, CBD and Port of Devonport
+ Devonport: Largest North West Coast City, major service centre and tourism link to Melbourne
+ Situated in Devonport main bulky goods & industrial precinct
+ Guaranteed rental growth with fixed 3% annual increases
+ Net Rental: $290,220* pa + GST
For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021
*Approx.
**As at August 2021
Property ID: 503898406Last Updated: 25 Nov 2021
Knight Frank - Devonport4 Stewart Street
DEVONPORT, TAS 7310
DEVONPORT, TAS 7310
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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