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Elders Real Estate - Devonport

54 Don Road Devonport, TAS 7310

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54 Don Road,
Devonport, TAS 7310

Warehouse, Factory & Industrial

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Elders Real Estate - Devonport
Nicholas Bond
Clinton O'Keefe

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
Elders Real Estate - Devonport
54 Don Road
Devonport, TAS 7310

Map of 54 Don Road

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Don Road Rarity - Modern Fully Leased Showroom

We are pleased to offer for sale this fully leased modern c.2011 tilt up panel showroom. This property not only benefits from its location on one of Devonport's most popular bulky goods thoroughfares, but also comprises a number of features which will undoubtedly be attractive to investors:

• 855 sqm* land area zoned 'Commercial'
• 588 sqm* GBA ~ 540 sqm* ground, 48 sqm* mezz (approx.)
• Modern, tilt up panel showroom
• New 5 + 5 + 5 + 5 year lease from 1 June 2023
• Fixed 4.00% ann. rental increases (mkt at options)
• Glazed shop front with auto door, off street parking
• Tenant pays all normal outgoings, plus building insurance
• Updated fit out and a/c installation in 2023
• Sleep N Style - well-known local brand (est. 1979)

54 Don Road, Devonport is being offered for sale by Private Treaty.

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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