Units 1 & 2/151 William Street,
Devonport, TAS 7310

We have the pleasure of presenting for sale, Units 1 and 2, 151 William Street, Devonport. Well known as the "Thru Way Arcade", this property is located in Devonport's popular "Fourways" Retail Precinct.

The property comprises two strata titled allotments, each comprising of three tenancies, centrally located in the Four Ways retail strip in Devonport. The “Thru Way Arcade” provides an essential link and pedestrian “ant track” connecting William Street to the Council carpark via a common area pedestrian thoroughfare. Investors will no doubt see the benefits of this core location, income diversity via multiple tenancies and the ability to 'control' the asset through acquisition of both strata titles. Potential exists to 'value add' through upgrades and lease renegotiations upon expiry.

Opportunity also exists for owner occupiers to acquire this asset and use part of the property whilst generating a passive income stream from the leases in place. Both Strata Titles will be offered for sale 'in one line' by Private Treaty. For further information or to arrange an inspection, please contact the Listing Agents.