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1/53 Forbes Street, Devonport

1/53 Forbes Street, Devonport

Property ID: 1P0147
Property Type: Retail
Land Size: 316m² approx.
Building Size: 120m²
Zoning: Commercial
Construction: Masonry Brick Veneer
Aspect: South West
Outgoings
  • $3632 Yearly
Inspection Times

As Advertised or by Appointment

Property Features

  • Air Conditioning
  • Area Views
  • Close to Transport
  • Close to Shops
  • Close to Schools
  • City Views
  • Car Parking - Surface
  • Exhaust
  • Kitchenette
  • Openable Windows

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Agents

Playfish Cafe – Freehold Only

Size: 120m²

For Sale - $318,000

The astute investor will be drawn to this property, particularly with a great tenancy like this one. This trendy café is centrally located in Devonport and is well known for their great coffee and delicious food, it is a very popular spot for both locals and people passing through town. The business itself has been running since 2008 and quite a local institution. The building originally built in 1956 has undergone many transformations over the years. The current lease is 2.5 years with one year remaining plus a three year option. The building itself is approximately 120m2 under roof with the block size around 316m2 and offers prominent corner access. Natural gas is connected to the property also. Yield appx 8.3%. NB: List Price is Excluding GST. Please contact the agent Carolyn Dutton to discuss lease details.

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