Leased to Tasmanian State Govt - Major Government Office Complex


90% of income secured by lease to 2028 + option
Balance of the lease to 2023 + option WALE 9.2 years
Significant 16,330 sqm landholding with 101 car spaces
Important facility leased to Tasmanian Department of Primary Industries, Parks, Water & Environment and Department of State Growth
Well presented buildings totalling 3,992 sqm including brand new 550 sqm warehouse storage facility
Strategic location within Tasmanian Government precinct adjoining Government owned office and laboratories
Greater Launceston: The major city servicing Tasmania’s north with population in excess of 110,000
Net Rent: $508,184 pa (Estimated as at July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

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Contact agents
Shaun Venables Partner
0411 860 865
Beau Coulter Partner
0413 839 898
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Prospect, TAS

171 Westbury Road

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 128

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