SOLD
89 Best Street, Devonport, TAS 7310
Prime Tasmanian Fuel Investment - Built 2017
Brand new 15 year lease to 2032 plus options to 2052
United Petroleum: The largest independent fuel retailer in Australia
Rare triple Net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with fixed 3% increases annually
Brand new improvements including convenience store, attached canopy with all new underground infrastructure including fibreglass tanks
Significant taxation saving depreciation benefits
Large 1,800 sqm corner site with combined street frontage of 85 metres
Prime location within 'Fourways' retail hub, opposite Devonport High School and 150m to Woolworths, Coles and Kmart Shopping Centre
Devonport: Important sea port city, home of 'Spirit of Tasmania' ferries
(480,000 passengers annually FY15/16) – trade catchment 35,000+
Rent: $200,000 pa
Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne
United Petroleum: The largest independent fuel retailer in Australia
Rare triple Net lease terms with the tenant responsible for all usual outgoings, structural works, underground repairs and remediation
Guaranteed rental growth with fixed 3% increases annually
Brand new improvements including convenience store, attached canopy with all new underground infrastructure including fibreglass tanks
Significant taxation saving depreciation benefits
Large 1,800 sqm corner site with combined street frontage of 85 metres
Prime location within 'Fourways' retail hub, opposite Devonport High School and 150m to Woolworths, Coles and Kmart Shopping Centre
Devonport: Important sea port city, home of 'Spirit of Tasmania' ferries
(480,000 passengers annually FY15/16) – trade catchment 35,000+
Rent: $200,000 pa
Auction 11am AEST Wednesday 20 September 2017
River Room, Crown Casino, Melbourne
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
Jamie Perlinger
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