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Affordable Strata Titled Investment

128A Best Street, DEVONPORT TAS, 7310

For Sale

Property for Sale in 128A Best Street, DEVONPORT TAS, 7310

Knight Frank Tasmania (Devonport)

Shop 8/48-54 Oldaker Street, Devonport, TAS 7310

Listing ID:
11332384
Status:
Under-offer
For:
Sale
Price:
165,000 + GST (if applicable)
Last Updated:
07/03/2019
Icon building

Property Type

Retail/Hotel/Leisure
Icon square

Land Area

N/A
Icon size

Floor Area

381 SQM
Icon parking

Parking

2

Affordable Strata Titled Investment

128A Best Street, Devonport offers an upper level strata title tenancy currently occupied by ’Fit 4 Life Personal Training Studio’ paying $1,300.00 per month ($15,600 p/a) plus GST and Outgoings under a lease until 30 October 2019.

The property is located adjacent to the 'The Fourways' retail precinct. Properties in the immediate vicinity include strip retail shops and commercial premises. Major occupiers in this area include F45, Terry White Pharmacy, The Reject Shop, IGA, Fourways Newsagency, Dominos, Century 21, Devonport GP Super Clinic, Canoe ‘n’ Surf and UBet. Main public parking for the Fourways precinct is accessed via Kempling Street which is adjacent to 128A Best Street.

The building comprises part of lot 3, totaling approximately 381 sqm with two rear car spaces on title totaling approximately 34 sqm.

128A Best Street is ideal for investors seeking an entry level commercial investment, with an estimated passing income (after landlord’s strata building insurance and land tax) of approximately $14,327 per annum.

For further details please contact Nicholas Bond of Knight Frank.

For more details, please email agent

Knight Frank Tasmania (Devonport)

Shop 8/48-54 Oldaker Street, Devonport, TAS 7310


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