440-444 Westbury Road,
Prospect Vale, TAS 7250
Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 440-444 Westbury Road
EXCEPTIONAL FREEHOLD INVESTMENT OPPORTUNITY - PROSPECT
VERSATILE PROPERTY MIX - Prominent Main Road Frontage
SECURE LEASE-BACK
Landmark location this extensive site is occupied by and known as the 'Roberts Prospect Rural Merchandise Store' and is being sold with secure lease-back arrangements.
Consider this;
* Prominent exposure to Westbury Road on the Bass Highway intersection linking Prospect and the greater Launceston region;
* Located in a mixed industrial/ commercial/warehouse precinct on the western fringe of the City of Launceston and within close proximity to a popular strong growth residential area, schools and sporting grounds;
* Zoned 'Light Industrial' this freehold property is all on one Title with total land area measuring approximately 5,155m2 and total building GLA 1,682m2;
* Versatile Property Mix comprising front Retail Showroom and Offices, Bulk Store, Rear Workshop, Chemical Store, Amenities, 1st Floor Offices & Under-cover Drive-through plus extensive hardstand parking area & additional site access to Harley Parade & additional staff parking;
* 5 Year Lease Term + 5 Year Option to extend until 2028;
* Annual CPI Increases capped @ 3%; the Lessee is responsible for payment of all statutory outgoings and normal day-to-day running costs for the business operation;
* This exceptional passive investment opportunity is a rare offering and will provide a competitive market yield while also securing a quality 'blue-chip' tenant.
For Sale by Expression of Interest Closing 5.00pm Friday 3rd August, 2018
The Vendor reserves the right to sell the property prior to the Closing Date
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Commercial Hobart
SECURE LEASE-BACK
Landmark location this extensive site is occupied by and known as the 'Roberts Prospect Rural Merchandise Store' and is being sold with secure lease-back arrangements.
Consider this;
* Prominent exposure to Westbury Road on the Bass Highway intersection linking Prospect and the greater Launceston region;
* Located in a mixed industrial/ commercial/warehouse precinct on the western fringe of the City of Launceston and within close proximity to a popular strong growth residential area, schools and sporting grounds;
* Zoned 'Light Industrial' this freehold property is all on one Title with total land area measuring approximately 5,155m2 and total building GLA 1,682m2;
* Versatile Property Mix comprising front Retail Showroom and Offices, Bulk Store, Rear Workshop, Chemical Store, Amenities, 1st Floor Offices & Under-cover Drive-through plus extensive hardstand parking area & additional site access to Harley Parade & additional staff parking;
* 5 Year Lease Term + 5 Year Option to extend until 2028;
* Annual CPI Increases capped @ 3%; the Lessee is responsible for payment of all statutory outgoings and normal day-to-day running costs for the business operation;
* This exceptional passive investment opportunity is a rare offering and will provide a competitive market yield while also securing a quality 'blue-chip' tenant.
For Sale by Expression of Interest Closing 5.00pm Friday 3rd August, 2018
The Vendor reserves the right to sell the property prior to the Closing Date
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Commercial Hobart
Property ID: 502886350Last Updated: 23 Sep 2018
03 6272 85...
440-444 Westbury Road
Prospect Vale, TAS 7250
Roberts Licenced Properties - Hobart338 Main Road
GLENORCHY, TAS 7010
GLENORCHY, TAS 7010
Contact Agency
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$1,300,000
9 Swanston Drive,Waverley, TAS 7250 735 m²Warehouse, Factory & Industrial • Development Sites & Land
$3,255,000
164 Bathurst Street,Launceston, TAS 7250 2089 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Development Sites & Land