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25-31 Tasman Highway Waverley, TAS 7250

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25-31 Tasman Highway,
Waverley, TAS 7250

Warehouse, Factory & Industrial
Added 4 days ago

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Large scale Industrial Facility - Anchored By Australian Liquor Marketers (ALM) Wholly Owned Subsidiary of ASX 200 Listed: Metcash Ltd (MTS)

This exceptional freehold offering affords a rare opportunity to acquire a large scale distribution facility and office comprising an substantial gross lettable area of 5,631m2. The expansive facility is well configured to cater for a diverse range of operations, comprising two main warehouses (3,710m2 & 1,280m2) as well as two adjoining smaller office buildings with three points of accessibility including separate dual truck crossovers for distribution services.

Boasting a significant rental reversion opportunity 25-31 Tasman Highway affords a current blended rental rate of only $72/m2 net along with clear development upside given this land rich asset displays only 30% site cover.

Currently occupied by Australian Liquor Marketers (ALM) a wholly owned subsidiary of ASX 200 listed Metcash LTD (MTS, with a market cap of $4.29billion AUD.

Key Features at a glance:
- Superb 1.88ha site offering scope for obvious additional building expansion
- Cleverly thought out DC with multiple access points and loading docks
- Strategic location only 4km approx. to Launceston CBD and 15km approx. to Launceston Airport
- Enormous 5,631m2 total building footprint inclusive of admin offices and amenities
- Huge clear span warehouse sections with ability to easily extend sections
- Zoned 18.0 'Light Industrial' catering for current DC use or indeed general warehousing and manufacturing (both permitted with a permit).
- 38 marked car parking spaces
- Current Net Rent: $401,566pa Excl. GST approx.

For further details contact Joel Harwood or Blake Shepherd.

Waverley, 7250 demographic data

The median household income for Waverley is $1,007, 18% lower than Regional Tasmania's household income of $1,225. Waverley has a younger age profile compared to the rest of Regional Tasmania (median age 35 vs 45). Property ownership data shows 53% of property owners in Waverley have a mortgage.

1,583
Population
$1,007 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
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25-31 Tasman Highway
Waverley, TAS 7250

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