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Elders Real Estate - Devonport

42 Gibson Street Smithton, TAS 7330

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42 Gibson Street,
Smithton, TAS 7330

Development Sites & Land • Warehouse, Factory & Industrial

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Elders Real Estate - Devonport
Clinton O'Keefe
Nicholas Bond

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
Elders Real Estate - Devonport
42 Gibson Street
Smithton, TAS 7330

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Affordable Investment Opportunity

On behalf of Van Diemen's Land Dairy Pty Ltd, we are delighted to present to the market a low-cost investment opportunity in Smithton.

Located in a mixed-use area accessed off the main street in Smithton, this cool store facility offers a solid return for limited capital outlay.

Featuring a five-year lease with 2 x 5 year options to Van Diemen's Land Dairy, and the tenant responsible for all outgoings, this investment provides a net income of $8,000 plus GST pa (approx), with the upside of future residential development potential on the un-utilised vacant land component (STCA).

The property is For Sale by Private Treaty at offers over $120,000 + GST (if applicable).

For further information or to arrange an inspection, please contact Nicholas Bond or Clinton O'Keefe.

Property ID: 504187463Last Updated: 30 Apr 2024

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