Tourism & Business List
Rare 10 year triple net lease to ASX listed Endeavour Group . 3/124 Davey Street, Hobart TAS . Freehold - For Sale by Investment Portfolio Auction Wednesday 2 August 2023 at 10.30am AEST.
Hobart’s Premiere drive-thru location, proven high performing store High exposure site on Davey Street - the main arterial road from the city to the southern suburbs, with over 31,272 daily vehicles. Lease runs until 4th August 2031 with 2x 10 year options. Annual net rent as of 5th August 2023 estimated at $393,663 pa plus GST.
Tenants responsible for all outgoings and structural maintenance
One of Tasmania’s leading BWS stores
Frontage to Davey St which is the leading south bound arterial road
John Blacklow 0418 128 735 john.blacklow@au.knightfrank.com
Matthew Wallace 0418 136 086 matthew.wallace@au.knightfrank.com
934 sqm* site
On-site 27+ years Endeavour
group (ASX:EDV): Australia’s #1 hotelier and liquor retailer
Beau Coulter 0413 539 898 bcoulter@burgessrawson.com.au
Shaun Venables 0411 860 865 svenables@burgessrawson.com.au
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*All areas, income and boundaries are approximate
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