PASSIVE INVESTMENT - Fully Leased & Key Anchor Tenant

SIGNIFICANT LAND PARCEL - Total 1.288 Ha

Prime Chapel Street location this substantial warehouse facility comprises fully leased dry storage space divided into two (2) tenancy areas + extensive 'green-field' land parcel at the rear of the main building.

Consider this;
* Substantial warehouse building totalling approximately 2,667m2 and site land area totalling 1.288 hectares;

* Originally purpose-built in 1982 and now fully leased with anchor 'blue-chip' tenant until 2021+ Option until 2024;

* Zoned 'Light Industrial' with direct access onto Chapel Street complete with two (2) driveway entrances and sealed off-street parking for multiple vehicles;

* With high Clearance roller-door entry the warehouse includes 2 areas divided into 'Tenancy 1' approximately 1,600m2 & 'Tenancy 2' approximately 1,000m2; balance comprising front offices or showroom, staff room and toilet amenities;

* The unimproved land area at the rear of the main building provides terrific development scope for new warehouse(s) construction (STCA);

* Explore the long term options for this significant site while collecting a secure income from a key quality tenant and 'land-banking' the balance.

For Sale by Negotiation
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Real Estate Commercial Hobart