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Elders Real Estate - Launceston

6 Swanston Park Drive Launceston, TAS 7250

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6 Swanston Park Drive,
Launceston, TAS 7250

Warehouse, Factory & Industrial

Key property information

Floor area

Property extent

Tenure type

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Elders Real Estate - Launceston
Rodney Rawlings
David Webster

Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Elders Real Estate - Launceston
6 Swanston Park Drive
Launceston, TAS 7250

Map of 6 Swanston Park Drive

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Fully Leased, Modern Warehouse

Excellent quality, clear-span warehouse and office facility situated in growing business park location in Launceston's eastern suburbs.

Less than 10 years old, the warehouse is approximately 600 sqm plus some 80 sqm of office and amenities.

A "set and forget" investment, fully leased as follows:

- Lease commences 1 January 2019
- Lease term, 3 years
- Option term of 3 years
- Commencing rent $66,000 (plus GST) gross
- Rent increases 3% annually
- Expect around 7.0% return

For further information please contact David Webster or Rodney Rawlings of Knight Frank.

Launceston, 7250 demographic data

The median household income for Launceston is $1,439, 17% higher than Regional Tasmania's household income of $1,225. Launceston has a younger age profile compared to the rest of Regional Tasmania (median age 41 vs 45). Property ownership data shows 34% of property owners in Launceston have a mortgage.

3,110
Population
$1,439 per week
Median household income
41 years
Median age
Renters
Most residents
Families
Most households

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