53-55 Rooke Street, Devonport

Ideally positioned in the heart of the Living City, Halliwell Property Agents are pleased to exclusively offer this fully-tenanted opportunity to investors. With a desirable location in the Devonport Mall, the property is surrounded by a mix of flourishing national and local retailers, offices and service providers. One area of the property is tenanted by QT Beauty Nails & Spa, a well-established business of it's type, recently having signed a 5 year lease extension. The other shopfront is tenanted by the Smiley Cup brand, taking occupancy 3 years ago and also having recently renewed terms. Both tenants have a secure garage at the rear of the property, with tenants also paying all usual outgoings for the site. Both tenancies have undergone fitout and renovation works by the tenants, creating a bright, well-maintained building that will remain an excellent investment into the future. An original residence exists on the first floor, and though not currently accessible, future potential exists in renovating and creating access to the space. An excellent yield is on offer to purchasers, with a listing price of $780,000. For all enquiries, please contact Colin Rowlands at Halliwell Property Agents.