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Knight Frank - Launceston

44 Translink Avenue South Western Junction, TAS 7212


44 Translink Avenue South,
Western Junction, TAS 7212

Warehouse, Factory & Industrial

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Knight Frank - Launceston
David Webster
Rodney Rawlings

Knight Frank - Launceston

54 Cameron Street
Knight Frank - Launceston
44 Translink Avenue South
Western Junction, TAS 7212

Map of 44 Translink Avenue South


Premier warehouse investment. National Tenant. Future expansion potential

Situated within the tightly held Translink Industrial Estate bordering Launceston Airport, 44 Translink Avenue South illustrates as a contemporary warehouse and office facility fully leased to Darling Irrigation, a part of AGnVET Group and with branches across the Eastern Seaboard.

The facility provides a gross floor area of approx 972 sqm, incorporating warehouse and associated offices. The improvements are set on a valuable and expansive landholding of 5,002 sqm. The building is positioned to allow for vast hardstanding and as such, the property has considerable "up-side" to expand the building footprint to accommodate future demand.

Valuably, the site is a mere 600 metres to Launceston Airport and is at the "doorstep" access to all major transport routes.

Already in-situ for nearly 10 years, Darling Irrigation enjoys tenure by virtue of a new 5 year lease from October 2021 and with the benefit of further 5 year option.
Current estimated net income is $111,048. Annual rent increases are set at 3.0%.

Property ID: 504250408Last Updated: 10 May 2023

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