171 Westbury Road,
Launceston, TAS 7250
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CBRE - Melbourne
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
171 Westbury Road
Launceston, TAS 7250
Map of 171 Westbury Road
GOVERNMENT LEASED INVESTMENT
- 5.5 YEAR WALE
- 16,330sqm* LANDHOLDING
- NET INCOME OF $549,864 P.A.*
CBRE is offering for sale 171 Westbury Road, Prospect (Launceston) via expressions of interest. The property is fully leased to a major Government department and is just 3.5km* from the Launceston CBD.
Key property details include:
+Net income of $549,864 p.a.*
+5.5 year WALE + options to 2033 and 100% occupied by Government department
+16,330sqm* landholding with 38m* of highway exposure and an abundance of car parking
+Substantial tenant fit-out across a total building area of 3,023sqm* including recently constructed warehouse facility
+Excellent tax saving depreciation benefits for an incoming investor
+Tasmania is experiencing surging economic success and is recognised as the country’s best performing economy
For further information or to arrange an inspection please contact the selling agents:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Jaycen Willox
+61 418 378 007
jaycen.willox@cbre.com
*Approx.
Key property details include:
+Net income of $549,864 p.a.*
+5.5 year WALE + options to 2033 and 100% occupied by Government department
+16,330sqm* landholding with 38m* of highway exposure and an abundance of car parking
+Substantial tenant fit-out across a total building area of 3,023sqm* including recently constructed warehouse facility
+Excellent tax saving depreciation benefits for an incoming investor
+Tasmania is experiencing surging economic success and is recognised as the country’s best performing economy
For further information or to arrange an inspection please contact the selling agents:
Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 0...
scott.hawthorne@cbre.com.au
Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au
Jaycen Willox
+61 418 378 007
jaycen.willox@cbre.com
*Approx.
Property ID: 504095791Last Updated: 16 Sep 2022
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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