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42 Appledore Street Miandetta, TAS 7310


For Sale

42 Appledore Street Miandetta, TAS 7310

Warehouse, Factory & Industrial • Development Sites & Land
Sale Price

$1,290,000 + GST (if applicable)

Under Contract

Land area

0.56ha (1.37 acres)

Floor area


Property extent


Tenure type

Tenanted Investment

Well Leased Industrial Complex with Future Development Appeal

Knight Frank is pleased to offer for sale, a prominent asset, subject to a strong lease covenant to a leading Tasmania based construction company, Vos Construction & Joinery Pty Ltd. 42 Appledore Street, Miandetta (a suburb of Devonport) provides a well-positioned workshop and office facility, established on a significant land parcel of some 5,554 sqm (approx).

The property is ideal for investors seeking a fully leased, strategically positioned, workshop and office facility, situated on a valuable landholding which has identifiable 'future-use'?? development potential (STCA) provided by its zoning as 'General Residential' under the Devonport Interim Planning Scheme 2013.

- A dominant location close to Devonport and major road networks

- A predominantly level landholding, with improvements beneficial to the Lessee's operation

- Fully leased on a 5+5 year term commenced 1 November 2017

- Lessee pays all statutory outgoings. Council rates; Land Tax (single holding), Taswater.

- Current net passing income $122,186.91 (before owner's outgoings)

- A 'General Residential' landholding with identifiable 'future-use' development potential (STCA)

For further details or to inspect, please contact Nicholas Bond or David Webster of Knight Frank.

Property ID: 503025010Last Updated: 7 Mar 2019

0414 *** ***
42 Appledore Street
Miandetta, TAS 7310

Agency contacts

Knight Frank - Devonport

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Knight Frank - Devonport

48-54 Oldaker Street
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Nicholas Bond
Knight Frank - Devonport
42 Appledore Street Miandetta, TAS 7310

I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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