Tightly Held Freehold Devonport CBD Asset | Owner Occupy, Develop, or Invest

Description

Burgess Rawson is pleased to offer to the market 48-52 Rooke Street, Devonport TAS for sale via Offers to Purchase.

The property has the following investment highlights:

+ Rare High profile 756sqm* ‘Central Business Zoned Site- with 13.62m frontage to Devonport’s major CBD thoroughfare the Rooke Street Mall.
+ Within the Devonport CBD and especially within the popular Rooke Street Mall, there have been limited development, owner occupier and or investment opportunities offered to the market of this calibre.
+ The property comprises two retail buildings (both recently vacant) with ground floor and upper-level accommodation, as well as an important and rare 22 rear car parks which are currently leased.
+ Shop 1: Offers 150sqm and has been leased to Jeans West for 28 years until recently.
+Shop 2: Offers 115sqm in size and has been leased to Sanity Music for 27 years until recently.
+ Level 1: Comprises two generous office spaces formally an accounting practice with shared bathrooms that provides further scope for an upgrade potentially to newer offices and or apartments/Airbnb (STCA) with provisions for further development across car park.
+ Collectively, the property has historically provided a net income of $100,000 pa + GST.
+ Position Perfect within the Rooke Street Mall, the main shopping precinct of the Devonport CBD and surrounded by leading service offerings and retailers: Telstra, Optus, Prouds, NAB Bank, ANZ, Bendigo Bank, Liv-Eat, Banjo’s Bakery, Rivers, RACT Insurance and EB Games,
+ Strategically located within the growing Devonport CBD zone, a short distance to Woolworths, Coles & K-Mart (2000m*) and the brand-new Novotel Hotel (100m).
+ Devonport: largest North-West Coast City, major service centre, port and daily/tourism link to Melbourne and 70,000 people residing within 35kms*

For sale via Offers to Purchase

Please contact the exclusively appointed Burgess Rawson team for more information.

Enquire

Contact agents
Matthew Wright Partner
0458 290 588
Josh Scapolan Senior Sales Executive
0484 229 829
Enquiry Form

Devonport, TAS

48-52 Rooke Street

For Sale by Expression of Interest

This property is part of Portfolio 170

Price: Contact Agent

View Portfolio
Contact agents
Enquire