171 Westbury Road Prospect TAS 7250

Offices
1.63 ha
Sold

Leased to Tasmanian State Govt - Major Government Office Complex

90% of income secured by lease to 2028 + option
Balance of the lease to 2023 + option WALE 9.2 years
Significant 16,330 sqm landholding with 101 car spaces
Important facility leased to Tasmanian Department of Primary Industries, Parks, Water & Environment and Department of State Growth
Well presented buildings totalling 3,992 sqm including brand new 550 sqm warehouse storage facility
Strategic location within Tasmanian Government precinct adjoining Government owned office and laboratories
Greater Launceston: The major city servicing Tasmanias north with population in excess of 110,000
Net Rent: $508,184 pa (Estimated as at July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time	15/05/2019 11:00
Auction location	171 Westbury Road, Prospect TAS

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 May 2019
Floor Area	Ask Agent
Land Area	1.63 ha
Parking	Ask Agent
Property ID	2015184437
Category	Offices Development / Land Factory, Warehouse & Industrial
Last updated	16 May 2019

Map for 171 Westbury Road Prospect TAS 7250

Nearest transport* to 171 Westbury Road Prospect TAS 7250

Bus

No.167 Westbury Rd	75 m
No.176 Westbury Rd	85 m
No.143 Westbury Rd (Opp. Prospect St)	255 m
No.140 Westbury Rd	314 m

Data source: Metro Tasmania Pty Ltd (Metro)

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	16 May 2019
Floor Area	Ask Agent
Land Area	1.63 ha
Parking	Ask Agent
Property ID	2015184437
Category	Offices Development / Land Factory, Warehouse & Industrial
Last updated	16 May 2019