Share this property

realcommercial.com.au
Shepherd & Heap Pty Ltd - LAUNCESTON

5/3 Trotters Lane Prospect, TAS 7250

Directions

5/3 Trotters Lane,
Prospect, TAS 7250

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Parking info

Zoning

Sold on

Shepherd & Heap Pty Ltd - LAUNCESTON
Joel Harwood
Blake Shepherd

Shepherd & Heap Pty Ltd - LAUNCESTON

49 Cameron Street
LAUNCESTON, TAS 7250
Shepherd & Heap Pty Ltd - LAUNCESTON
5/3 Trotters Lane
Prospect, TAS 7250

Map of 5/3 Trotters Lane

Directions

ASX Listed Tenant: Tabcorp - 5 + 5 Year Lease

An exceptional opportunity to secure an quality entry level asset with a strong lease covenant in Tabcorp with FY25 $2.6b turnover and $36.6m net profit after tax.

Located in the coveted Trotters Lane commercial complex in the constantly growing suburb of Prospect, just 7 minutes to the CBD.

- 5 + 5 year lease from 1 May 2023
- Tenant pays all outgoings including building insurance
- Low maintenance brick and concrete block building
- The greater of CPI or 3% annual increases with Market Review at Option
- $22,742pa net rental from 1 May 26

A rare offering indeed in such a desirable asset class sure to demonstrate strong growth going forward.

For further details contact Blake Shepherd or Joel Harwood.

Prospect, 7250 demographic data

The median household income for Prospect is $1,233, 1% higher than Regional Tasmania's household income of $1,225. Prospect has a younger age profile compared to the rest of Regional Tasmania (median age 43 vs 45). Property ownership data shows 48% of property owners in Prospect have a mortgage.

1,908
Population
$1,233 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households

More properties from Shepherd & Heap Pty Ltd - LAUNCESTON

Other properties you might be interested in based on the location and property type you are looking at.