Secure Commercial Investment with Guaranteed Income
For Sale
An outstanding opportunity presents at 4B Kempling Street, Devonport - a wellpositioned commercial building in a highly visible and easily accessible location, offering both immediate income and long-term investment potential.
Currently tenanted by a long-established hairdressing business, the property provides secure cash flow with a 3-year lease with option to extend, delivering stability for the savvy investor.
The premises are leased at $370 per week plus outgoings, with annual CPI-indexed increases, ensuring steady growth over time.
The building offers a practical and versatile layout, comprising a large open salon area complemented by three separate rooms, ideal for a range of commercial uses should the tenancy ever change.
This is an excellent entry point into the commercial property market or a smart addition to an existing portfolio, combining strong visibility, reliable...