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Elders Real Estate - Devonport

47-49 Don Road Devonport, TAS 7310

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47-49 Don Road,
Devonport, TAS 7310

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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
47-49 Don Road
Devonport, TAS 7310

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A High - Vis Investment! Leased to RSEA until 2029

  • 6 year lease to RSEA from 1 May 2023
  • Tenant pays normal outgoings + insurance
  • Current net rental $109,212 + GST
We have the exclusive privilege to offer for sale a high profile and well positioned showroom facility located at 47 - 49 Don Road, Devonport. The property is fully leased to RSEA Pty Ltd who have recently exercised a six (6) year option from May 2023.

RSEA is the largest independent safety business in Australia and New Zealand with an estimated turnover of $350 million* per annum and in excess of 85 retail stores including 6 in Tasmania.

RSEA Devonport is located on Don Road and holds a high-profile position with strong passing traffic. Don Road forms an east-west thoroughfare accessing the core trade, commercial and light industrial area of Devonport, with excellent access to the Bass Highway and Devonport CBD.

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

* Australian Financial Review 1 March 2023.

Property ID: 504481116Last Updated: 30 Apr 2024

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