Stony Rise Complex, 1-2 Rundle Road,
Devonport, TAS 7310

AN OPPORTUNITY OF SIGNIFICANT SUBSTANCE

The property is for sale by Formal Expressions of Interest closing 24th June 2016

Stony Rise complex is located on the South Western fringe of Devonport and is an opportunity of significant substance both in quality of improvements and quality of the lease covenant. Offering the following key features:
- An overall site area of 4.106 hectares contained on two titles
- Five main buildings providing offices, workshops and two residences
- Over 2,500m² of usable floor space
- Blue Chip Tenant The State Government
- Long term lease to July 2030
- Current rent $355,000 pa with the tenant paying all normal outgoings

Please Contact Mark Devine at L J Hooker Commercial Hobart or Adam Luck at L J Hooker Burnie