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Address available on request Moonah, TAS 7009

Address available on request,
Moonah, TAS 7009

Warehouse, Factory & Industrial

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INDUSTRIAL INVESTMENT - NATIONAL TENANT - LONG TERM LEASE - 10% RETURN

It is with pleasure that Edwards Windsor offer for sale 5-7 Bowen Road Moonah, subject to an 8 year lease to GEON Printing & Communication Solutions, commencing October 2010, with the rent set to increase in October 2012 to $360,000 per annum plus outgoings.

The rental was assessed to be in line with market values by an independent valuer.

The main building on the site comprises a substantial factory structure, together with an ancillary administration block, constructed in 1971, plus a seperate modern warehouse building to the rear.

The buildings have a total area of approximately 6,500sqm, and is situated on an industrially zoned site of approximately 1.47 hectares.

The property is situated on the eastern side of Bowen Road, close to the intersection with Albert Road, within the established industrial/commercial precinct of Moonah, some six kilometers north of the Hobart City centre.

At the price offered for sale, this property represents little more than land value.

Moonah, 7009 demographic data

The median household income for Moonah is $1,421, 8% lower than Greater Hobart's household income of $1,542. Moonah has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 52% of property owners in Moonah have a mortgage.

5,884
Population
$1,421 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
03 6234 55...
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Address available on request
Moonah, TAS 7009
Edwards Windsor - Hobart
Level 2, 89 Brisbane Street
HOBART, TAS 7000

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