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Elders Real Estate - Devonport

24 - 28 Stewart Street Devonport, TAS 7310

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24 - 28 Stewart Street,
Devonport, TAS 7310

Shops & Retail • Offices

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Elders Real Estate - Devonport
Clinton O'Keefe
Nicholas Bond

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
Elders Real Estate - Devonport
24 - 28 Stewart Street
Devonport, TAS 7310

Map of 24 - 28 Stewart Street

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Four Tenancies in one Line with Rare CBD Car Parking

  • Affordable CBD Asset
  • Diverse Income Streams
  • Core Devonport CBD Location
Elders Commercial are pleased to present 24 - 28 Stewart Street, Devonport to the market for the first time in 30 years.

The property is situated within popular Stewart Street, located centrally in the CBD. Stewart Street provides a vibrant mix of national and local retailers and service providers including Westpac, Black Pepper, Bento, Face Bar, Flight Centre, Toyworld, Australia Post and the Formby Hotel, making this location one of Devonport's main retail and commercial service precincts.

The property comprises a single level building that has four retail tenancies with rear storage and amenities. The property is complimented by four rear on site car parking bays and side driveway access from Stewart Street.

The property is currently leased to four retail tenants, generating an estimated net income of $77,074* per annum and is offered for sale by Private Treaty at $1,200,000 + GST (if applicable).

For further information or to arrange an inspection, please contact Clinton O'Keefe or Nicholas Bond.


*Approximate

Devonport, 7310 demographic data

The median household income for Devonport is $1,093, 11% lower than Regional Tasmania's household income of $1,225. Devonport has a younger age profile compared to the rest of Regional Tasmania (median age 43 vs 45). Property ownership data shows 45% of property owners in Devonport have a mortgage.

14,481
Population
$1,093 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households
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5 Victoria Street
HOBART, TAS 7000

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