87-93 Rooke Street, DEVONPORT, TAS, 7310

Shepherd and Heap is proud to offer for sale with a fresh new lease, this prominent character Rooke St Mall Property. Built in the 1880’s within the heart of this bustling port city it's tenants and landlords have enjoyed many years of consistent earnings from excellent exposure and location. The tenants “Passport Surf” are seasoned and extremely successful Rooke St retailers recently taking advantage of relocating next door into this larger 321m2 ground floor space. - Brand New Lease to 2031 - Commenced 1st April, 2021, 5 yr first term - Option 5 yrs - Commencing Rent $65,000 Net p/a - Statutory Outgoings paid by Tenant - Fixed 3% annual increases With Devonport’s exciting new $250million Living City Development well underway, increased footfall is given. Contact Marcus Douglas for further details.