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27-35 Strahan Street Burnie TAS 7320

  • Industrial / Warehouse
  • 1,730 m²
  • For Sale, Expression of Interest

High Yield Investment Sale - Multi National Tenants - Prime Corner Site in NW Commercial Heartland

This substantial commercial property comprises a huge site of
2348 sq metres with a modern showroom warehouse building of approx. 1730 sq metres leased in two tenancy areas; one under a renewed 5 + 5 year lease to national bearings and engineering supplier Webster BSC part of the multi national Inenco Group, and the other leased to heavy industrial equipment supplier Caterpillar Underground Mining, a wholly owned subsidiary of the international Caterpillar Inc group.

27-35 Strahan Street boasts a superb high profile corner position in the sought after South Burnie commercial and industrial locale just one block from the Bass Highway and less than five minutes from the CBD and Burnie's Port.
An exceptional property with a combined rent income totalling $130,000 p.a, 27-35 Strahan Street presents as a tremendous opportunity for investors offering a strong yield of nearly 9% and underpinned by the security of multi-national tenants.

For further details contact Ian Singline






Property Highlights

Property ID2015938441
Floor Area1,730 m²
Land Area2,348 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  5 Dec 2019
Map for 27-35 Strahan Street Burnie TAS 7320
Shepherd & Heap Estate Agents
49 Cameron Street Launceston TAS 7250

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