1 Railway Court Cambridge TAS 7170

Factory, Warehouse & Industrial
1,880 m²
Sold

Brand New Warehouse Investment Secure income through 2032 + Options

Brand New Warehouse Investment
Secure income through 2032 + Options
Major Home Furnishings Tenant

New lease to 2032 + Options to 2042
Leased to Ashley Furniture (Tasmania), associated with the No 1 furniture retailer in the USA^
Major operator with a dominant local market position
Valuable depreciation benefits
Tenant pays all statutory outgoings, incl land tax (as per lease)
Annual 3% rent reviews, next increase due in March 2023
Easily managed single tenant investment
Tasmania once again the best performing economy in Australia CBA State of States
Strategic location in new industrial and logistics estate
Net income $280,000 net pa Excl GST*

^ Ashley Furniture Website
* Approximately

For Sale by Expression of Interest closing 8 December 2022 at 4pm (AEDT).

EXPRESSION OF INTEREST

Closing date and time	08/12/2022 16:00
Recipient name	Ask Agent
Delivery address	Ask Agent

Property Highlights

Date Sold	19 Dec 2022
Floor Area	1,880 m²
Land Area	3,454 m²
Parking	10 x Onsite parkings
Building Type	Whole building
Property ID	2018191508
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	9 Jan 2023

Map for 1 Railway Court Cambridge TAS 7170

Property Highlights

Date Sold	19 Dec 2022
Floor Area	1,880 m²
Land Area	3,454 m²
Parking	10 x Onsite parkings
Building Type	Whole building
Property ID	2018191508
Category	Factory, Warehouse & Industrial Shop & Retail Showrooms / Bulky Goods
Last updated	9 Jan 2023