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Securely Leased To ASX Listed Agribusiness Giant To 2024

13 Marlborough Street , Longford TAS

Property Highlights

8 Year Lease To 2024 Plus Options
Longstanding ASX Listed Tenant
Tenant Pays All Usual Outgoings

Description

8 year lease to 2024 plus options to 2032
Roberts Limited: founded in Hobart in 1865 – acquired by Ruralco in 2006
Ruralco is a leading Australian agribusiness with market cap of $300m+ and revenue of $1.83 billion
Annual rent reviews
Tenant pays all usual outgoings including land tax
Large commercial landholding of 2,180 sqm with dual retail frontages and vehicular access totalling 50 metres
Well maintained buildings totalling 650 sqm plus canopies
Single tenant, minimum management investment
Longford: strong agricultural region 20 minutes south of Launceston with major drivers wool, dairy, stock breeding and tourism
Rent: $86,363 pa

Auction 11am AEDT Wednesday 24 October 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
2,180 SQM
Building Area
650 SQM

Contact Agent

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