SOLD
53 Don Road, Devonport, TAS 7310
Auto Retail Investment - Leased to ASX Listed Subsidiary
+ 4 year lease to July 2022 plus option to 2026.
+ Tenant pays usual outgoings.
+ Well presented 514 sqm building on 961 sqm freehold title.
+ Burson Auto Parts: 180 stores and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2B.
+ Annual rent reviews.
+ High exposure destination location amongst complementary auto tenants and car dealerships.
+ Net Income: $42,920 pa + GST
Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC
+ Tenant pays usual outgoings.
+ Well presented 514 sqm building on 961 sqm freehold title.
+ Burson Auto Parts: 180 stores and wholly owned subsidiary of ASX-Listed Bapcor with a Market Cap of $2B.
+ Annual rent reviews.
+ High exposure destination location amongst complementary auto tenants and car dealerships.
+ Net Income: $42,920 pa + GST
Auction 11am AEDT Wednesday 11 December
Crown Casino, Melbourne, VIC
Property Info
Municipality
Devonport
AUCTION
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Burgess Rawson Melbourne Melbourne
Level 7, 140 Bourke Street
Melbourne, VIC 3000
Tel: 03 9613 0400
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NEARBY PROPERTIES
Shaun Venables
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