Massive Site – Long Lease to ASX-Listed Tenant

8c lampton avenue, derwent park tas

Price: Contact Agent

  • 30,270sqm landholding, 7kms to Hobart
  • Major truck servicing, parts & retail
  • Outstanding logistics position

Property Details

Auction Wednesday 3 April 2019 @ 11am
River Room, Crown Casino, Melbourne

Tenant: Motors Tas Pty Ltd, wholly owned subsidiary of A.P. Eagers Limited
ASX-listed tenant with over 145 dealerships and 2018 sales of $4.1 billion
Lease Term: Ten (10) years
Lease Expiry: 31 March 2026
Options: 3 x Five (5) year terms extending to 31 March 2041
Outgoings: Payable by tenant as per the lease
Net Rents: All estimated as at 1 April 2019 based on latest available Hobart CPI figures

Major industrial land holding, almost impossible to replicate in Derwent Park and surrounds
Excellent logistics position close to main arterial roads, 15kms from Brighton transport hub and 7kms from Hobart CBD
Versatile buildings including high clearance warehousing, retail showrooms, offices, workshops, wash bays and parking
One of the largest truck servicing centres in the Southern Hemisphere
Full scale operation including servicing, fabrication and retail sales of trucks and parts

Net income $671,801 pa + GST

Featured Details

Current Tenant Tenanted
Gross Building Area 12276 sqm
Land Size 30,270 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003484

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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