CBRE in conjunction with Elders Tasmania is pleased to offer to the market Natures Best Launceston located at 13 Richard Street, Western Junction, TAS for sale via Expressions of Interest, closing 3pm AEST Wednesday 12 August 2026.

+ Brand New Fifteen (15) year lease to 2041 plus four (4) x five (5) year options through to 2061.
+ Natures Best (TAS) Pty Ltd: wholly owned subsidiary of Pet Solutions International Limited, Australia’s largest privately owned pet retailer operating 80+ stores nationally across three integrated business divisions.
+ Corporate guarantee provided by Pet Solutions International Limited.
+ Landlord-favourable net lease terms with tenant responsible for usual outgoings including single holding land tax.
+ Fixed 3.0% annual rent increases ensuring long term compounding income growth
+ Commanding 23,850sqm* freehold landholding with extensive concrete aprons and 12 airlift loading docks.
+ Premium cold storage facility, comprising a 7,355sqm* distribution facility with a purpose-built refrigerated annex and fully racked, turn-key cold storage configuration, with all equipment a responsibility of the tenant.
+ Strategic location within Launceston’s TRANSlink Airport Industrial Precinct, with direct access to Tasmania’s Highway 1 network, Launceston Airport and key shipping connections, placing the asset at the centre of all three major Tasmanian supply chain corridors.
+ Launceston: the commercial capital of northern Tasmania, with a 230,000+ total population catchment and a resilient economy underpinned by a record $40.6 billion Gross State Product, up 26.3% since 2014.
+ Net income: $1,100,000 pa* + GST.

To be sold by Expressions of Interest
Closing 3pm AEST Wednesday 12 August 2026

Please contact the exclusively appointed sales team for more information.

*Approx