51 Glen Dhu Street,
Launceston, TAS 7250

This modern warehouse and office complex of some 540m2 has housed the current tenants for over 20 years, the light industrial site is extremely well positioned with excellent access to major highways both north and south. The property enjoys excellent parking, modern offices and warehousing of approx 400m2.

There have been substantial building works carried out on the site whilst under the current ownership increasing the property in size but also providing good depreciation of up to approx $140,000 on recent building work.

We are selling the property with a brand new lease in place;
Period: 5 years
Rental: $52,000 + GST & Outgoings
Increases: Annual CPI capped at 3%
Option: 5 years

This is a long term, strategic investment that is extremely well located in our expanding city. Distribution / warehousing sites are becoming hard to find, hence increasing rental values. Going forward the site will always attract strong tenants given its location and the general appeal/ design of the building.

For further details please call;
Blake Shepherd on 0417 820 8...