Nubco Hardware, Lot 3/39a Don Road,
Devonport, TAS 7310

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

Nubco Hardware, Lot 3/39a Don Road

Devonport, TAS 7310

Map of Nubco Hardware, Lot 3/39a Don Road

Directions

Booming ASX-Listed Tenant | Nubco State Distribution Centre

Secure 7 year lease on net terms
Booming ASX-listed tenant
Fixed annual 3% increases

+ Secure 7 year Lease to 2026 plus options to 2036
+ Nubco: Subsidiary of Coventry Group: ASX: (CYG), market leading hardware, industrial supply business with a current market cap of $135 million**
+ Investor friendly net lease with tenant responsible for council rates, water rates, land tax and landlord insurance
+ Modern, adaptable & substantial 3,695*sqm industrial buildings
+ Significant 12,120*sqm site with low site coverage -30.5% providing significant future expansion upside (STCA)
+ Don Road location provides excellent access to the Bass Highway, CBD and Port of Devonport
+ Devonport: Largest North West Coast City, major service centre and tourism link to Melbourne
+ Situated in Devonport main bulky goods & industrial precinct
+ Guaranteed rental growth with fixed 3% annual increases
+ Net Rental: $290,220* pa + GST

For Sale by Investment Portfolio Auction
11am (AEST) Tuesday 28 September 2021

*Approx.
**As at August 2021

Property ID: 503898406Last Updated: 25 Nov 2021

This information is supplied by realestate.com.au (ABN 21 080 195 535) on behalf of Proptrack Pty Ltd (ABN 43 127 386 298). Copyright and Legal Disclaimers about Property Data.

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000