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Burgess Rawson - Melbourne

Nubco Hardware, Lot 3/39a Don Road Devonport, TAS 7310


Nubco Hardware, Lot 3/39a Don Road,
Devonport, TAS 7310

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail

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Burgess Rawson - Melbourne
Beau Coulter
Matthew Wright

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
Burgess Rawson - Melbourne
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

**As at August 2021

Property ID: 503898406Last Updated: 25 Nov 2021

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