11 Fenton Street, Devonport, TAS, 7310

Knight Frank is pleased to offer for sale a rare CBD re-development opportunity. 11 Fenton Street provides a corner site of approximately 610 sqm. Located on the doorstep of many of Devonport's most sought after features, this desirable location is opposite the Gateway Hotel and is within a short walk to the Rooke Street Mall, Mersey River and Devonport's major carparks, retail and services.

The property, currently utilised and leased as a residence, provides a unique CBD opportunity to examine conversion to professional offices, medical, allied health and many more uses contained within the "Central Business Zone" (STCA).

This excellent re-development opportunity (STCA) is in a premium location and will appeal to owner occupiers and developers alike, who will no doubt see the benefits and advantages of this inner CBD location as the Devonport CBD continues to re-generate and re-develop.

Record low interest rates also make a compelling scenario for owner occupiers who may wish to 'stop renting' and develop their own commercial tenancy.

Remember to mention you found this property on CommercialReady.com.au