Nubco Hardware, 17 Main Road,
Wivenhoe, TAS 7320
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Elders Real Estate - Devonport
4 Stewart StreetDEVONPORT, TAS 7310
Nubco Hardware, 17 Main Road
Wivenhoe, TAS 7320
Map of Nubco Hardware, 17 Main Road
ASX-Listed Hardware Investment
- Superb Entry Level Investment
- Net lease to ASX listed tenant
- Compounding annual 3% increases
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $97 million**.
FY21 Sales up 18.2%.
Generous 1,716sqm* land size plus 832sqm* of showroom, warehouse and offices.
Prominent Main Road position Bunnings, Mitre 10, Reece Plumbing and Impact fertilisers all within 1km*.
Guaranteed rental growth with annual fixed 3% rent increases.
Net lease, tenant responsible for council rates, land tax and insurances according to the lease.
Burnie: Second largest City on North West TAS, major service centre for 100,000+ people.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $71,823* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 31 March 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Clarence City Council
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $97 million**.
FY21 Sales up 18.2%.
Generous 1,716sqm* land size plus 832sqm* of showroom, warehouse and offices.
Prominent Main Road position Bunnings, Mitre 10, Reece Plumbing and Impact fertilisers all within 1km*.
Guaranteed rental growth with annual fixed 3% rent increases.
Net lease, tenant responsible for council rates, land tax and insurances according to the lease.
Burnie: Second largest City on North West TAS, major service centre for 100,000+ people.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $71,823* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 31 March 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Clarence City Council
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Wivenhoe, 7320 demographic data
The median household income for Wivenhoe is $1,023, 16% lower than Regional Tasmania's household income of $1,225. Wivenhoe has a younger age profile compared to the rest of Regional Tasmania (median age 40 vs 45). Property ownership data shows 35% of property owners in Wivenhoe have a mortgage.
235
Population
$1,023 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Elders Real Estate - Devonport4 Stewart Street
DEVONPORT, TAS 7310
DEVONPORT, TAS 7310
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Elders Real Estate - Devonport
Other properties you might be interested in based on the location and property type you are looking at.
