44 Translink Avenue South,
Western Junction, TAS 7212
Key property information
Map of 44 Translink Avenue South
Premier warehouse investment. National Tenant. Future expansion potential
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