BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Large Scale\, Fully Leased Logistics Portfolio | Tasmania\nEld ers Commercial is privileged to exclusively present for sale 35-51 Dowlin g Street\, Launceston. A strategically located distribution facility that is fully leased to Strait Link Logistics Pty Ltd.\n\nThe property is for sale as part of a portfolio via Expressions of Interest Closing 11 June 2026 at 4pm.\n\nKey investment and property highlights include:\n\n+ The property is fully leased to Strait Link Logistics Pty Ltd\, part of the S trait Link group\, Australia's leading Bass Strait shipping and integrate d logistics provider\, delivering essential freight connectivity between Tasmania and mainland Australia. The business underpins Tasmania's supply chain and functions as critical economic infrastructure.\n\n+ The lease commenced 1 April 2025 on a 5year term with a further 5year option\, thro ugh to 2035. Rental growth is underpinned by 3.5% fixed annual increases\ , with a market rent review at option commencement\, subject to a ratchet preventing rental decline.\n\n+ The lease is structured on a strong net basis\, with the tenant responsible for 100% of outgoings\, including rat es\, land tax\, insurance\, management costs and repairs and maintenance\ , materially reducing landlord risk and exposure.\n\n+ Revisionary upside rent at review with current blended rate reflecting $74\, well below com parable market parameters. The blended rate does not apportion any value to the hardstand.\n\n+ Significant landholding of 82\,980sqm* with extens ive lettable area of 9\,742sqm*. \n\n+ Located on the city fridge\, the p roperty presents compelling future re-development potential (STCA).\n\n+ In early 2026\, Strait Link was acquired by Igneo Infrastructure Partners \, a global infrastructure investment manager which manages A$35.3* billi on* worth of assets.\n\n+ Previous expenditure of $9.7m on concrete hards tand. Ability to examine potential claims/benefits^.\n\n+ The property ha s a rail line that runs into the property on a daily basis supporting log istics use.\n\n+ Current passing net income of $718\,461* + GST.\n\nPleas e contact one of the listing agents for more information or to arrange an inspection today.\n\n*Approx.\n^All parties should seek independent taxa tion and legal advice. DTEND:20260611T160000 DTSTAMP:20260511T044704Z DTSTART:20260611T160000 SEQUENCE:0 SUMMARY:Expression Of Interest: 35-51 Dowling Street\, Launceston TAS UID:CRE-2020830631-EOI X-ALT-DESC;FMTTYPE=text/html:< title>

Large Scale\, Fully Leased Logistic s Portfolio | Tasmania
Elders Commercial is privileged to exclusive ly present for sale 35-51 Dowling Street\, Launceston. A strategically lo cated distribution facility that is fully leased to Strait Link Logistics Pty Ltd.

The property is for sale as part of a portfolio vi a Expressions of Interest Closing 11 June 2026 at 4pm.

Key i nvestment and property highlights include:

+ The property is fully leased to Strait Link Logistics Pty Ltd\, part of the Strait Link group\, Australia's leading Bass Strait shipping and integrated logistics provider\, delivering essential freight connectivity between Tasmania an d mainland Australia. The business underpins Tasmania's supply chain and functions as critical economic infrastructure.

+ The lease c ommenced 1 April 2025 on a 5year term with a further 5year option\, throu gh to 2035. Rental growth is underpinned by 3.5% fixed annual increases\, with a market rent review at option commencement\, subject to a ratchet preventing rental decline.

+ The lease is structured on a st rong net basis\, with the tenant responsible for 100% of outgoings\, incl uding rates\, land tax\, insurance\, management costs and repairs and mai ntenance\, materially reducing landlord risk and exposure.

+ Revisionary upside rent at review with current blended rate reflecting $ 74\, well below comparable market parameters. The blended rate does not a pportion any value to the hardstand.

+ Significant landholdi ng of 82\,980sqm* with extensive lettable area of 9\,742sqm*.

+ Located on the city fridge\, the property presents compelling future re-development potential (STCA).

+ In early 2026\, Strait L ink was acquired by Igneo Infrastructure Partners\, a global infrastructu re investment manager which manages A$35.3* billion* worth of assets.

+ Previous expenditure of $9.7m on concrete hardstand. Ability to examine potential claims/benefits^.

+ The property has a rail line that runs into the property on a daily basis supporting logisti cs use.

+ Current passing net income of $718\,461* + GST.
Please contact one of the listing agents for more information or to arrange an inspection today.

*Approx.
^All parti es should seek independent taxation and legal advice.

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