Pets Domain, 1 Legana Grove,
Legana, TAS 7277
Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
CBRE - VIC
Level 34, 8 Exhibition StreetMELBOURNE, VIC 3000
Pets Domain, 1 Legana Grove
Legana, TAS 7277
Map of Pets Domain, 1 Legana Grove
Long 10 Year Lease to National Tenant – Brand New 2024 Flagship Store
- New 10 Yr Lease to Nov 2034
- Key 1,448sqm* Freehold Site
- Tenant pays land tax
Burgess Rawson and Elders Tasmania are pleased to offer to market Pets Domain at 1 Legana Grove, Legana (Launceston) TAS to be sold via Investment Portfolio Auction 174.
This property has the following investment highlights:
+ New Ten (10) year lease to Pets Domain to November 2034 plus options to 2044.
+ Pets Domain: a wholly owned subsidiary of Pet Solutions with product lines including Natures Best, 72 plus stores across Australia.
+ Pet Solutions International/Natures Best/Pets Domain head office and manufacturing/distribution facility based in Legana with additional distribution facilities in St Leonards TAS, Laverton North VIC and Slacks Creek QLD
+ Compounding, fixed 3% annual rent increases, providing certain rental growth.
+ Tenant pays usual outgoings, including land tax.
+ Impressive 700sqm* premises with 14 customer car spaces.
+ 2024 construction, providing significant tax saving depreciation benefits.
+ Key 1,448sqm* freehold landholding offering state-of-the-art construction built to the latest Pets Domain corporate standards.
+ Single tenant minimum management investment.
+ Ideal retail position, enveloped by Woolworths, KFC, BWS, EG Ampol and The Reject Shop, plus future childcare, wellness and retail developments.
+ Only dedicated pet store in Legana servicing over 4,200 registered dogs.
+ Legana TAS: Thriving suburb of greater Launceston and one of Tasmania's fastest growing regions, approx. 12km north of Launceston CBD and undergoing significant residential and commercial growth as evidenced by the brand new $24 million primary school and community hub opening 2025
+ Launceston: the northern capital of Tasmania servicing local and regional population of 230,000 +
+ Net Income: $210,000 pa* + GST
For sale via Investment Portfolio Auction 174
10:30am AEDT, Wednesday 19 February
Crown Promenade, Melbourne VIC
Local and interstate bidding available by prior arrangement.
For further information, please contact the Burgess Rawson and Elders Tasmania selling agents.
Burgess Rawson National Team:
Shaun Venables
0411 860 8...
Beau Coulter
0413 839 8...
Matthew Wright
0458 290 5...
Elders Real Estate team:
David Webster
0419 516 6...
Cale Ayres
0439 358 094
*Approx
This property has the following investment highlights:
+ New Ten (10) year lease to Pets Domain to November 2034 plus options to 2044.
+ Pets Domain: a wholly owned subsidiary of Pet Solutions with product lines including Natures Best, 72 plus stores across Australia.
+ Pet Solutions International/Natures Best/Pets Domain head office and manufacturing/distribution facility based in Legana with additional distribution facilities in St Leonards TAS, Laverton North VIC and Slacks Creek QLD
+ Compounding, fixed 3% annual rent increases, providing certain rental growth.
+ Tenant pays usual outgoings, including land tax.
+ Impressive 700sqm* premises with 14 customer car spaces.
+ 2024 construction, providing significant tax saving depreciation benefits.
+ Key 1,448sqm* freehold landholding offering state-of-the-art construction built to the latest Pets Domain corporate standards.
+ Single tenant minimum management investment.
+ Ideal retail position, enveloped by Woolworths, KFC, BWS, EG Ampol and The Reject Shop, plus future childcare, wellness and retail developments.
+ Only dedicated pet store in Legana servicing over 4,200 registered dogs.
+ Legana TAS: Thriving suburb of greater Launceston and one of Tasmania's fastest growing regions, approx. 12km north of Launceston CBD and undergoing significant residential and commercial growth as evidenced by the brand new $24 million primary school and community hub opening 2025
+ Launceston: the northern capital of Tasmania servicing local and regional population of 230,000 +
+ Net Income: $210,000 pa* + GST
For sale via Investment Portfolio Auction 174
10:30am AEDT, Wednesday 19 February
Crown Promenade, Melbourne VIC
Local and interstate bidding available by prior arrangement.
For further information, please contact the Burgess Rawson and Elders Tasmania selling agents.
Burgess Rawson National Team:
Shaun Venables
0411 860 8...
Beau Coulter
0413 839 8...
Matthew Wright
0458 290 5...
Elders Real Estate team:
David Webster
0419 516 6...
Cale Ayres
0439 358 094
*Approx
Legana, 7277 demographic data
The median household income for Legana is $1,643, 34% higher than Regional Tasmania's household income of $1,225. Legana has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 51% of property owners in Legana have a mortgage.
4,719
Population
$1,643 per week
Median household income
41 years
Median age
Owners
Most residents
Families
Most households
CBRE - VICLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Elders Real Estate Launceston54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
More properties from CBRE - VIC
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
RuralCo Holdings, 13 Marlborough Street,Longford, TAS 7301 650 m²Shops & Retail • Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Contact Agent
Retail Health Complex, 139-143 Hobart Road,Kings Meadows, TAS 7249 1350 m²Shops & Retail • Medical & Consulting • Offices