Offers Over $350,000

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 5-year lease plus two further 5-year options, delivering stability for the savvy investor.

The premises are leased at $340 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 tenancy, and consistent returns in a tightly held Devonport location.

Call the listing agent Leigh Jordan to organise your private viewing.

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