SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Strategic Tasmanian Cold Store Facility – National Fast Food Supply Giant

21 Merino Street , Kings Meadows TAS

Property Highlights

Brand new 5-year lease
Tenant pays outgoings
Strategic 3,894sqm site

Description

+ New Five (5) year lease plus option to December 2030.
+ Superior Food Services: supplying fast food chain giants nationally including Hungry Jack’s, Subway, Domino’s & others.
+ Tenant pays all usual outgoings including Land Tax.
+ Substantial 3,046sqm distribution centre facility with capital intensive tenant fit out.
+ Strategic 3,894sqm industrial site, easy access to city environs, highway network and airport.
+ Situated in established logistics precinct with easy access to city, airport and road arterials.
+ Kings Meadows: the largest commercial district outside of the Launceston CBD.
+ Launceston: capital of northern Tasmania experiencing record capital investment of $4.3b.
+ Net Income: $154,485 pa + GST

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
3,894 SQM
Building Area
3,046 SQM

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