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Elders Real Estate - Devonport

7 Bay Drive Quoiba, TAS 7310

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7 Bay Drive,
Quoiba, TAS 7310

Warehouse, Factory & Industrial

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Elders Real Estate - Devonport
Nicholas Bond

Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310
04143950...
Elders Real Estate - Devonport
7 Bay Drive
Quoiba, TAS 7310

Map of 7 Bay Drive

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Modern Warehouse & Showroom – Fully Leased to Elders

Knight Frank is pleased to offer for sale this highly affordable blue chip industrial investment, located in a popular industrial location within Quoiba.

Situated on a site of 2,036 sqm (Approx.), the building of 643 sqm (Approx.) comprises a modern office/showroom and warehouse with drive through access, substantial concrete hardstand and a rear crushed rock storage area.

The property has been fully leased to Elders Rural Services Australia Limited since 1 October 2010, with recent agreement on a term of 3 years from 1 October 2020 with a further option of 2 years. Rental from 1 October 2020 is $37,609.68 + GST and outgoings. In addition to the base rental, the tenant pays $680.30 per month to the Landlord based on capital works completed by the Landlord in 2010 to install the showroom component for Elders.

Estimated Net Income $36,789 (before owners outgoings).

For further information or to arrange an inspection, please contact Nicholas Bond of Knight Frank.

Property ID: 503748342Last Updated: 30 Apr 2024

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