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DESCRIPTION:Tasmanian State Government Leased Investment\nCBRE and Elders 
 Commercial Tasmania are pleased to offer to the market Unit 1\, 139-143 H
 obart Road\, Kings Meadows\, Tasmania for sale via Investment Portfolio A
 uction 186.\n\nThe property has the following key investment highlights:\
 n\n+ 7 Year Lease to The Crown in Right of Tasmania (Department of Premie
 r and Cabinet) to July 2029 plus one 4 year option through to July 2033\n
 + Annual CPI rent reviews\n+ Well presented premises (179sqm on title) wi
 th high quality tenant fit out incorporating reception\, offices\, meetin
 g room and staff kitchen and amenities\n+ Single-tenant investment with m
 inimal management required.\n+ Strategic position on major arterial Hobar
 t Road\, central position amongst two of Tasmania's strongest trading Col
 es and Woolworths supermarkets\, major banks and more.\n+ Kings Meadows: 
 the largest commercial district outside of the Launceston CBD.\n+ Launces
 ton: the northern capital of Tasmania servicing local and regional popula
 tion of 230\,000+ experiencing record capital investment of $4.3b.***\n+ 
 Net income: $49\,403 pa +GST (July 2026 assuming CPI at 3.75%)\n\nTo be a
 uctioned as part of CBRE Investment Portfolio Auction 186 10.30am AEST We
 dnesday 5th August 2026\nPromenade\, Crown Casino Melbourne.
DTEND:20260805T113000
DTSTAMP:20260714T171211Z
DTSTART:20260805T103000
LOCATION:Unit 1/139-143 Hobart Road\, Kings Meadows TAS
SEQUENCE:0
SUMMARY:Auction: Unit 1/139-143 Hobart Road\, Kings Meadows TAS
UID:CRE-2020763657-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Tasmanian State Government Leased I
 nvestment <br/> CBRE and Elders Commercial Tasmania are pleased to offer 
 to the market Unit 1\, 139-143 Hobart Road\, Kings Meadows\, Tasmania for
  sale via Investment Portfolio Auction 186. <br/>  <br/> The property has
  the following key investment highlights: <br/>  <br/> + 7 Year Lease to 
 The Crown in Right of Tasmania (Department of Premier and Cabinet) to Jul
 y 2029 plus one 4 year option through to July 2033 <br/> + Annual CPI ren
 t reviews <br/> + Well presented premises (179sqm on title) with high qua
 lity tenant fit out incorporating reception\, offices\, meeting room and 
 staff kitchen and amenities <br/> + Single-tenant investment with minimal
  management required. <br/> + Strategic position on major arterial Hobart
  Road\, central position amongst two of Tasmania's strongest trading Cole
 s and Woolworths supermarkets\, major banks and more. <br/> + Kings Meado
 ws: the largest commercial district outside of the Launceston CBD. <br/> 
 + Launceston: the northern capital of Tasmania servicing local and region
 al population of 230\,000+ experiencing record capital investment of $4.3
 b.*** <br/> + Net income: $49\,403 pa +GST (July 2026 assuming CPI at 3.7
 5%) <br/>  <br/> To be auctioned as part of CBRE Investment Portfolio Auc
 tion 186 10.30am AEST Wednesday 5th August 2026 <br/> Promenade\, Crown C
 asino Melbourne.</P></body></html>
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