CBRE are pleased to announce the successful off-market transaction of 11B Lampton Avenue, Derwent Park, Tasmania.

This well-located industrial asset was secured by a private investor, attracted by its strong fundamentals including a long-standing tenant, Motion, on a 5-year net lease, with the tenant responsible for 100% of outgoings.

Positioned in the heart of Derwent Park’s tightly held industrial precinct, the property comprises a modern facility with small showroom and warehouse space, offering excellent flexibility and long-term investment security.

This transaction highlights continued investor confidence in Tasmania’s industrial market, particularly assets underpinned by established national tenants.

For further information on this sale or insights into the Tasmanian or broader Australian commercial property market, please contact your trusted advisors at CBRE