Petbarn & Vinnies, 1-3 Finlayson Way,
Devonport, TAS 7310
Shops & Retail • Showrooms & Large Format Retail • Other
Key property information
Land area
Floor area
Property extent
Tenure type
NABERS
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Petbarn & Vinnies, 1-3 Finlayson Way
Devonport, TAS 7310
Map of Petbarn & Vinnies, 1-3 Finlayson Way
2 High Profile Showroom Investments on 1 Title | Leased to National Operators
- Irreplaceable 2,295sqm* freehold
- Investor Preferred Net Lease Terms
- Dual Income Streams
Burgess Rawson in conjunction with Elders Commercial Tasmania are pleased to offer to market Petbarn and Vinnies, Devonport, TAS for sale via our Investment Portfolio Auction 177.
This investment has the following key highlights
+ Recently renewed Five (5) Year lease to 2030 plus options to 2035, to Petbarn, on-site for 17+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan
+ New lease to St Vincent de Paul to May 2028 with options to 2034
+ Vinnies: est. 1833, Australia’s leading national not-for-profit organisation with 24 stores across Tasmania (1)
+ Investor preferred net lease terms with tenants responsible for all usual outgoings including land tax as per the lease
+ Two retail showroom buildings totalling 807 sqm*
+ Irreplaceable 2,295sqm* freehold landholding with large 81.13 m* frontage to Formby Road within the Devonport Commercial zone
+ Devonport - Largest North - West Coast city, Tasmania’s major shipping port and tourism link to Mainland- 450,000* passengers arrive annually via the Spirit of Tasmania Ferries (2)
+ Estimated Net Income: $166,809pa* plus GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 25 June 2025
River Room, Crown Casino, Melbourne
* Approx
1. St Vincent de Paul Society
2. Devonport City Council
This investment has the following key highlights
+ Recently renewed Five (5) Year lease to 2030 plus options to 2035, to Petbarn, on-site for 17+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan
+ New lease to St Vincent de Paul to May 2028 with options to 2034
+ Vinnies: est. 1833, Australia’s leading national not-for-profit organisation with 24 stores across Tasmania (1)
+ Investor preferred net lease terms with tenants responsible for all usual outgoings including land tax as per the lease
+ Two retail showroom buildings totalling 807 sqm*
+ Irreplaceable 2,295sqm* freehold landholding with large 81.13 m* frontage to Formby Road within the Devonport Commercial zone
+ Devonport - Largest North - West Coast city, Tasmania’s major shipping port and tourism link to Mainland- 450,000* passengers arrive annually via the Spirit of Tasmania Ferries (2)
+ Estimated Net Income: $166,809pa* plus GST
For Sale by Investment Portfolio Auction
10:30am AEST Wednesday 25 June 2025
River Room, Crown Casino, Melbourne
* Approx
1. St Vincent de Paul Society
2. Devonport City Council
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
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Elders Real Estate - Devonport4 Stewart Street
DEVONPORT, TAS 7310
DEVONPORT, TAS 7310
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
United Petroleum, 89 Best Street,Devonport, TAS 7310 137 m²Shops & Retail • Showrooms & Large Format Retail • Development Sites & Land
Contact Agent
NAB, 45-47 Rooke Street,Devonport, TAS 7310 691 m²Shops & Retail • Offices • Medical & Consulting
