CBRE are pleased to announce the successful sale of 11C Lampton Avenue, Derwent Park.

The Sale has the following key investment features:

+ Leased Australia Post, on-site 20+ years.
+Australia Post: Commonwealth Government business enterprise that provides postal services in Australia with over 64,000 workers spanning 4,310 sites nationwide**
+Landlord favourable net lease terms with the tenant responsible for all usual outgoings including land tax
+Highly sought after annual CPI reviews with attractive cap and collar with minimum 2.5% increase annually and capped at 5% annually.
+ Irreplaceable 3,954sqm ‘General Industrial Zoned’ site in Hobart’s most sought after industrial precinct of Derwent Park.
+Fully occupied by Australia Post with building area of 1816sqm* comprising Warehouse, Mail sorting, distribution and storage centre for Australia Post vehicles.
+ Located in the leading industrial precinct of Hobart’s northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, Petstock, ABS and Isuzu trucks all located within 1km*.
+Within 1km of Moonah- Major shopping precinct of Northern Hobart with major tenants including Woolworths, Chemist Warehouse, Harris Scarfe and all major banks.
+Derwent Park: Booming industrial suburb of Glenorchy with a population of approximately 72,000 within a 6km radius*

For further information on this transaction, please contact either Matthew Wright or George Wilkinson.