Nubco Hardware, 13a Lampton Avenue,
Derwent Park, TAS 7009
Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail
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Ray White Hobart - GLENORCHY
119 Harrington StHOBART, TAS 7000
Nubco Hardware, 13a Lampton Avenue
Derwent Park, TAS 7009
Map of Nubco Hardware, 13a Lampton Avenue
Attractive ASX-Listed Tenanted Hardware Investment
- Situated in premier industrial area
- A+ exposure to busy Lampton Ave
- Compounding annual 3% increases
Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Guaranteed rental growth with annual fixed 3% rent increases.
Land Size: 2,368sqm* and building area of 1,534sqm*.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
FY21 Sales up 18.2%.
Net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
Located in the leading industrial precinct of Hobart's northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, ABS and Isuzu trucks all located within 500 metres.
Mornington: Located within the City of Glenorchy with a population of 71,558 within a 6km radius.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $180,862* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Commsec State of the state report
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Guaranteed rental growth with annual fixed 3% rent increases.
Land Size: 2,368sqm* and building area of 1,534sqm*.
Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
FY21 Sales up 18.2%.
Net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
Located in the leading industrial precinct of Hobart's northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, ABS and Isuzu trucks all located within 500 metres.
Mornington: Located within the City of Glenorchy with a population of 71,558 within a 6km radius.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $180,862* pa + GST.
To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 12 May 2021
Southbank, Crown Casino, Melbourne
2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.
**Coventry Group Ltd
***Commsec State of the state report
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
Property ID: 503804102Last Updated: 8 Nov 2023
Ray White Hobart - GLENORCHY119 Harrington St
HOBART, TAS 7000
HOBART, TAS 7000
Contact Agency
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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