Dual Storage/Workshop Facility - Part Tenanted - Affordable Investment!
120 Tarleton Street, East Devonport TAS 7310
$485,000
IndustrialSize: n/a
Block size: 809 m² approx.
Positioned on East Devonport's busy Tarleton Street in a highly visible location, this light-industrial zoned storage/workshop facility offers a unique opportunity for dual incomes, or a mix of tenant and occupancy by the property owner.
The long term Tenant (car detailing business) is situate in one workshop and holds a lease until August 2024, having occupied the site in excess of 14 years.
The second workshop is currently vacant, presenting an opportunity to offer this space for lease for a second income, or to occupy for the owner-occupiers own use while collecting a rental income from the existing neighbouring tenant as noted.
With both workshops having been constructed in 1984, of a colourbond wall and roof composition, and of similar size and layout, features of the overall site include:
- Total building size of approx. 259sqm, split evenly between the two workshops
- Each building comprised of kitchen, toilet, front office and workshop with rear roller door access
- Both properties alarmed
- Total land area of 809sqm, with fenced boundary and secure lockup gate through common driveway to shared rear yard
- Two off-street parking spaces to immediate front of property for each property
- Excellent branding opportunities available, owing to significant passing traffic on main road frontage
The site is neighboured by a mix of other commercial and residential premises, and is in close proximity to East Devonport's main retail, commercial and port hub, home of the Spirit of Tasmania ships and terminal.
Annual statutory outgoings for the site (Council Rates, Land Tax, TasWater Rates) are $6,600, with 50% of these reimbursed by the existing tenant.
Listing price is $485,000. GST is not expected to apply.
An excellent opportunity for both those seeking to add to their commercial investment portfolio, and those looking to start with an affordable investment.
Contact the listing Agent, Alan Halliwell, with all enquiries or to schedule an inspection.
The long term Tenant (car detailing business) is situate in one workshop and holds a lease until August 2024, having occupied the site in excess of 14 years.
The second workshop is currently vacant, presenting an opportunity to offer this space for lease for a second income, or to occupy for the owner-occupiers own use while collecting a rental income from the existing neighbouring tenant as noted.
With both workshops having been constructed in 1984, of a colourbond wall and roof composition, and of similar size and layout, features of the overall site include:
- Total building size of approx. 259sqm, split evenly between the two workshops
- Each building comprised of kitchen, toilet, front office and workshop with rear roller door access
- Both properties alarmed
- Total land area of 809sqm, with fenced boundary and secure lockup gate through common driveway to shared rear yard
- Two off-street parking spaces to immediate front of property for each property
- Excellent branding opportunities available, owing to significant passing traffic on main road frontage
The site is neighboured by a mix of other commercial and residential premises, and is in close proximity to East Devonport's main retail, commercial and port hub, home of the Spirit of Tasmania ships and terminal.
Annual statutory outgoings for the site (Council Rates, Land Tax, TasWater Rates) are $6,600, with 50% of these reimbursed by the existing tenant.
Listing price is $485,000. GST is not expected to apply.
An excellent opportunity for both those seeking to add to their commercial investment portfolio, and those looking to start with an affordable investment.
Contact the listing Agent, Alan Halliwell, with all enquiries or to schedule an inspection.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Alan Halliwell to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
809 m²*
Other Details
Volume:
1
Folio:
22053
Legal description:
22053/1
Maps and area information
Block information
Block size: 809m² (approx)
Legal description: 22053/1
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Enrolment areas for ACT public schools.
What's nearby
East Devonport Primary SchoolPrimary School
0.4km
Devonport High SchoolHigh School
1.9km
Mayne HealthHospital
5.4km
Australia PostPost Office
0.4km
Tafe - DevonportTafe
1.1km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
01 Aug 2007
Sold
$192,500
Contract: 01/08/2007
Block size: 809m²
Purpose: Manufacturing workshop
25 May 2006
Sold
$155,000
Contract: 25/05/2006
Block size: 809m²
Purpose: Manufacturing workshop
04 Jun 2004
Sold
$130,000
Contract: 04/06/2004
Block size: 809m²
Purpose: Manufacturing workshop
22 Jun 1992
Sold
$96,800
Contract: 22/06/1992
Block size: 809m²
Purpose: Manufacturing workshop
12 Jun 1990
Sold
$85,000
Contract: 12/06/1990
Block size: 809m²
Purpose: Media
23 Sep 1983
Sold
$19,100
Contract: 23/09/1983
East Devonport suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
46 years
Population
4,384
Listing ID: 182166207. This listing has been viewed 4 times. It was first displayed on 14/12/2023 and last updated on 03/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.