Ground / 1-3 Finlaysons Way
Devonport TAS 7310
- 27 Parks
For Sale by Auction - 25 June 2025
Auction: 25th Jun 2025 (10:30 am)
Two national brands, one powerful main road location
Elders Commercial in conjunction with Burgess Rawson are pleased to offer to market Petbarn and Vinnies, Devonport, TAS for sale via Investment Portfolio Auction 177.The property has the following key investment highlights:-
- Recently renewed Five (5) Year lease to 2030 plus options to
2035, to Petbarn, on-site for 17+ Years*
- Petbarn: National network of 140+ Sites, owned by
Greencross Vets, subsidiary of NASDAQ listed TPG Capital,
Australia Super and Ontario Pension Plan
- New lease to St Vincent de Paul to May 2028 with options to
2034
- Vinnies: est. 1833, Australia’s leading national not-for-profit
organisation with 24 stores across Tasmania. (1)
- Investor preferred net lease terms with tenants responsible
for all usual outgoings including land tax as per the lease
- Two retail showroom buildings totaling 807 sqm*
- Irreplaceable 2,295 sqm* freehold landholding with large
81.13 m* frontage to Formby Road within the Devonport
Commercial zone
- Devonport - Largest North-West Coast city, Tasmania’s major
shipping port and tourism link to Mainland- 450,000*
passengers arrive annually via the Spirit of Tasmania Ferries
(2).
- Estimated Net Income: $166,809 pa* + GST
For sale by Investment Portfolio Auction
10.30 am (AEDT) Wednesday 25 June 2025
River Room, Crown Casino, Melbourne
*Approx
(1) Vinnies
(2) Devonport City Council
(3) Tourism Tasmania
Features
General Features
- Commercial Type: Retail
- Building Area: 807sqm
- Zoning: Commercial
- Car Spaces: 27
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