Sold
2-4 Pear Avenue,
Derwent Park 7009, Tasmania
Price withheld
22-Year Occupancy History with Long- Term Leaseback Commitment
RWC Tasmania has been appointed to sell 2-4 Pear Avenue, a well-established industrial asset, ideally positioned in the heart of Derwent Park.
Having been owner occupied for over 20 years, the property is now offered to the market with a brand-new leaseback, to a proven local operator, delivering immediate income security.
Key property features include:
+ Substantial single-storey, clear-span warehouse with office accommodation 2,175 sqm* combined with a site area of 3,693 sqm*
+ Positioned in a popular industrial pocket, zoned 'Light Industrial'
+ Excellent on-site parking with drive-through, ramped vehicle access
+ Brand new 5+5 year lease with proven scaffolding operator
+ Net annual rent of $310,000* p.a. (tenant paying statutory outgoings)
+ Appealing commercial terms with structured rental growth
A stable investment, providing a solid foundation for investors, in a sought after precinct and well performing market.
*Approximate
Having been owner occupied for over 20 years, the property is now offered to the market with a brand-new leaseback, to a proven local operator, delivering immediate income security.
Key property features include:
+ Substantial single-storey, clear-span warehouse with office accommodation 2,175 sqm* combined with a site area of 3,693 sqm*
+ Positioned in a popular industrial pocket, zoned 'Light Industrial'
+ Excellent on-site parking with drive-through, ramped vehicle access
+ Brand new 5+5 year lease with proven scaffolding operator
+ Net annual rent of $310,000* p.a. (tenant paying statutory outgoings)
+ Appealing commercial terms with structured rental growth
A stable investment, providing a solid foundation for investors, in a sought after precinct and well performing market.
*Approximate
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Contact Heather Mason
Contact Heather Mason
Heather Mason
2-4 Pear Avenue, Derwent Park TAS 7009
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Heather Mason
2-4 Pear Avenue, Derwent Park TAS 7009