This 280m2 (approx.), fully leased work shed is an ideal small commercial investment either for somebody looking for their first commercial property or as a great addition to an existing large portfolio.
The tenants occupy the front tenancy also and have recently entered a new 3-year lease with two 3-year options beyond that. The tenant has operated in Devonport for some time and has a well-known and thriving glass installation business.
• Approx. 280m2 Warehouse/Workshop
• Long-term tenant
• Strong lease
• Rental income of $22,500 p.a.
• 6% yield based on asking price
• Located on busy Don Road
All information provided is deemed reliable but is not guaranteed and should be independently verified. Property measurements, including square footage, room dimensions, and land size, are approximate and may vary.
Buyers are encouraged to conduct their own inspections and due diligence to confirm the accuracy of all details.
