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Burgess Rawson - Melbourne

14 McKays Road Somerset, TAS 7322

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14 McKays Road,
Somerset, TAS 7322

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Other

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$146,764
Number of Tenants
1 Tenant
Tenants / Type
DSI Underground

Private inspections

to arrange a private inspection.
Burgess Rawson - Melbourne
Raoul Holderhead

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
Burgess Rawson - Melbourne
14 McKays Road
Somerset, TAS 7322

Map of 14 McKays Road

Directions
  • Bus stops within 5 km of 14 McKays Road, Somerset, TAS 7322Distance
    Bass Hwy Near McKays Rd186 m
    MacKenzie Dr906 m
    Stop 25, No.122 Pelissier St (School Stop)1.1 km
    Stop 27, No.7 Flinders Dr (School Stop)1.2 km
    Stop 26, No.33 Flinders Dr (School Stop)1.3 km
    POWERED BY HERE ©
POWERED BY HERE ©

Expansive Freehold Industrial Investment Leased to Global Mining Giant | 10 Year Net Lease to 2028

  • 1 x 5 year option to 2033
  • 1,360sqm* NLA
  • Subsid. of Sandvik (STO: SAND)
Burgess Rawson is pleased to offer to the market DSI Underground Somerset located at 14 McKays Road, Somerset TAS for sale via our Investment Portfolio 167.

The property has the following investment highlights:

+ Ten (10) year net lease to DSI Underground to 2028
+ One (1) further five (5) year option to 2033
+ DSI Underground: Australia’s largest manufacturer & supplier of specialist strata reinforcement & support products to the underground mining sectors & subsidiary of Sandvik (STO:SAND), a global engineering firm with a market cap of $40.95 billion AUD
+ Fixed 3% annual rent increases with ratchet provisions at market review, ensuring future rental growth
+ Landlord favourable net lease terms with the tenant paying all outgoings including land tax
+ Impressive 1,192sqm* warehouse facility with two 4.8m clearance height roller doors and an additional 168sqm* office accommodation
+ Substantial 2,712sqm* landholding centrally located in Somerset's industrial precinct with 25 designated on-site car spaces
+ Positioned within immediate proximity of the Bass Highway, an integral road network interconnecting three major cities in Tasmania & currently undergoing a $280 million upgrade^
+ Waratah Wynyard Council: second largest LGA of the 'Cradle Coast Region' with a strong manufacturing & agricultural economy producing a Gross Domestic Product of $6 billion^^
+ Net Income: $146,764 pa* + GST

For Sale via Expressions of Interest closing Thursday 11 April at 3pm AEST if not sold prior.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.
^ Tasmania State Government
^^ Waratah Wynyard Council

Property ID: 504530540Last Updated: 13 May 2024

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