Skip to main content
SearchBack to results
Sold on 12 May 2021

13a Lampton Avenue Derwent Park TAS 7009

  • Factory, Warehouse & Industrial
  • 1,534 m²
  • Sold

Attractive ASX-Listed Tenanted Hardware Investment

    Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
    Guaranteed rental growth with annual fixed 3% rent increases.
    Land Size: 2,368sqm* and building area of 1,534sqm*.
    Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $117.46 million**.
    FY21 Sales up 18.2%.
    Net lease, tenant responsible for council rates, land tax and landlord insurances according to the lease.
    Located in the leading industrial precinct of Hobart's northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, ABS and Isuzu trucks all located within 500 metres.
    Mornington: Located within the City of Glenorchy with a population of 71,558 within a 6km radius.
    Commsec ranks Tasmania as Australia best performing economy in key indicators***.
    Net Rent $180,862* pa + GST.

    To be sold by Investment Portfolio Auction:
    10:30am AEDT
    Wednesday 12 May 2021
    Southbank, Crown Casino, Melbourne

    2 other Nubco- Coventry Group Ltd freehold investments also available.
    Contact sales team for more details.

    **Coventry Group Ltd
    ***Commsec State of the state report
    *All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

    AUCTION

    Auction date and time12/05/2021 10:30
    Auction locationCrown Casino, Melbourne
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2016934559
    Date Sold12 May 2021
    Floor Area1,534 m²
    Land Area2,368 m²
    ParkingOn site parking available
    Category
    Last updated  13 May 2021
    Map for 13a Lampton Avenue Derwent Park TAS 7009
    Map for 13a Lampton Avenue Derwent Park TAS 700913a Lampton Avenue Derwent Park TAS 7009
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates

    Property Highlights

    Property ID2016934559
    Date Sold12 May 2021
    Floor Area1,534 m²
    Land Area2,368 m²
    ParkingOn site parking available
    Category
    Last updated  13 May 2021
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000
    Beau Coulter
    Burgess Rawson & Associates
    Beau Coulter
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Billy Holderhead
    Burgess Rawson & Associates
    Beau Coulter

    Beau Coulter

    Burgess Rawson & Associates

    Billy Holderhead

    Billy Holderhead

    Burgess Rawson & Associates

    0413 *** ***
    0413 839 898

    More Properties for Sale from Burgess Rawson & Associates

    Corner Port Kennedy Drive & Warnbro Sound Avenue Port Kennedy WA 6172
    Sold
    corner port kennedy drive & warnbro sound avenue,port kennedy, WA 6172
    252 m²
    Shop & Retail
    9 Devereaux Drive Morayfield QLD 4506
    Sold
    9 devereaux drive,morayfield, QLD 4506
    942 m²
    Shop & Retail
    423 Smollett Street Albury NSW 2640
    Sold
    423 smollett street,albury, NSW 2640
    2,515 m²
    Shop & Retail
    Contact Agent