High Yielding Value-Add Investment
Lots 2,3,6/171 Westbury Road, PROSPECT TAS
Description
Important Tasmanian Government facility leased to Department of Primary Industries, Parks, Water & Environment and Forest Practices Authority.
Substantial office floors totalling 1,810 sqm over 3 buildings.
Significant 11,372 sqm land holding with 104 car parks on-title.
Land bank and/or development opportunity with approved plans and DA for three two-level office buildings totalling 4,857 sqm.
Strategic location within Tasmanian Government office precinct adjoining Government owned offices and laboratories, occupied by related Government departments & UniTAS.
Greater Launceston: The major city of northern Tasmania with a catchment population in excess of 110,000.
Total Rent: $198,628 pa.
Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.
Substantial office floors totalling 1,810 sqm over 3 buildings.
Significant 11,372 sqm land holding with 104 car parks on-title.
Land bank and/or development opportunity with approved plans and DA for three two-level office buildings totalling 4,857 sqm.
Strategic location within Tasmanian Government office precinct adjoining Government owned offices and laboratories, occupied by related Government departments & UniTAS.
Greater Launceston: The major city of northern Tasmania with a catchment population in excess of 110,000.
Total Rent: $198,628 pa.
Auction 11am AEDT Wednesday 29 October, River Room, Crown Casino.
Property Details
Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Government
Land Size
11,372 SQM
Building Area
1,810 SQM