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DESCRIPTION:Prime Glenorchy (Hobart) Industrial Investment | Leased to Capr
 al Aluminium (ASX: CAA)\nCBRE & Elders Tasmania are pleased to offer to th
 e market ASX listed Capral Aluminium\, located at 116 Grove Road\, Glenorc
 hy (Hobart) TAS for sale via our Investment Portfolio Auction 189.\n\nThis
  opportunity has the following key investment highlights:\n\n+ Leased to A
 SX-listed Capral Limited to November 2028\, with two (2) further three (3)
  year options through to\n+ Capral Aluminium: (ASX:CAA) Australia's larges
 t extruder and distributor of aluminium products\, est. 1936 and operating
  a network of distribution centres and Aluminium Trade Centres across Aust
 ralia (1)\n+ Attractive net lease structure with the tenant pays all statu
 tory charges including single holding land tax and building insurance\n+ C
 ompounding fixed 3% annual rent increases ensuring strong rental growth.  
  \n+ Expansive 2\,729sqm* freehold corner site with 1\,195sqm* of high cle
 arance warehouse and office\, with direct access to the Brooker Highway (5
 0\,000* daily passing vehicles). (2)\n+ Located within the prime shopping 
 precinct of Glenorchy nearby to the Northgate Shopping Centre anchored by 
 Coles\, Woolworths and 70 speciality retail stores.\n+ Glenorchy: One of G
 reater Hobart's key commercial and industrial hubs\, surrounded by Bunning
 s\, National Storage\, Hungry Jack's and other national businesses.\n+ Cit
 y of Glenorchy: Largest Hobart LGA with a population of over 50\,450 peopl
 e and a Gross Regional Product (GRP) of $3.929 billion (3)\n+ Single Tenan
 t Minimal management investment\n+ Estimated Net Income: $189\,074 pa* + G
 ST\n\nFor Sale by Investment Portfolio Auction\n10:30am (AEDT) Wednesday 9
  December 2026\nRiver Room\, Crown Casino\, Melbourne VIC\n\n*Approx\n(1) 
 Capral Aluminium\n(2) GapMaps\n(3) Remplan
DTEND:20261209T113000
DTSTAMP:20261111T055633Z
DTSTART:20261209T103000
LOCATION:Crown Casino - River Room - Melbourne
SEQUENCE:0
SUMMARY:Auction: 116 Grove Road\, Glenorchy TAS
UID:CRE-2021319967-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Prime Glenorchy (Hobart) Industrial I
 nvestment | Leased to Capral Aluminium (ASX: CAA) <br/> CBRE & Elders Tasm
 ania are pleased to offer to the market ASX listed Capral Aluminium\, loca
 ted at 116 Grove Road\, Glenorchy (Hobart) TAS for sale via our Investment
  Portfolio Auction 189. <br/>  <br/> This opportunity has the following ke
 y investment highlights: <br/>  <br/> + Leased to ASX-listed Capral Limite
 d to November 2028\, with two (2) further three (3) year options through t
 o <br/> + Capral Aluminium: (ASX:CAA) Australia's largest extruder and dis
 tributor of aluminium products\, est. 1936 and operating a network of dist
 ribution centres and Aluminium Trade Centres across Australia (1) <br/> + 
 Attractive net lease structure with the tenant pays all statutory charges 
 including single holding land tax and building insurance <br/> + Compoundi
 ng fixed 3% annual rent increases ensuring strong rental growth.    <br/> 
 + Expansive 2\,729sqm* freehold corner site with 1\,195sqm* of high cleara
 nce warehouse and office\, with direct access to the Brooker Highway (50\,
 000* daily passing vehicles). (2) <br/> + Located within the prime shoppin
 g precinct of Glenorchy nearby to the Northgate Shopping Centre anchored b
 y Coles\, Woolworths and 70 speciality retail stores. <br/> + Glenorchy: O
 ne of Greater Hobart's key commercial and industrial hubs\, surrounded by 
 Bunnings\, National Storage\, Hungry Jack's and other national businesses.
  <br/> + City of Glenorchy: Largest Hobart LGA with a population of over 5
 0\,450 people and a Gross Regional Product (GRP) of $3.929 billion (3) <br
 /> + Single Tenant Minimal management investment <br/> + Estimated Net Inc
 ome: $189\,074 pa* + GST <br/>  <br/> For Sale by Investment Portfolio Auc
 tion <br/> 10:30am (AEDT) Wednesday 9 December 2026 <br/> River Room\, Cro
 wn Casino\, Melbourne VIC <br/>  <br/> *Approx <br/> (1) Capral Aluminium 
 <br/> (2) GapMaps <br/> (3) Remplan</P></body></html>
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