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35 Legana Park Drive Legana TAS 7277

  • Factory, Warehouse & Industrial
  • 1,612 m²
  • For Sale, $1,800,000 (excl. GST)

Longstanding Tenant â Yield 7.4% Net

    Leased to single longstanding tenant McDermottâs Coaches who have been in occupation since 2011, the property comprises:

    - Current lease to 2nd October 2022
    - 3 Year option to follow
    - Current passing annual rental reflects a net yield of 7.4%
    - Extensively improved
    - 4,000m2 of land

    The property comprises a front warehouse and office building separated into two workshop areas and at the rear is a residential one bedroom flat. In addition there are three rear warehouses, external walls are tilt up concrete panel as are the sectional walls and all have their own amenities and excellent roller door access and clearance.

    Security fenced, the yard area is extensive and is bitumen and concrete sealed offering excellent access and is ideal for parking buses in the tenantâs case along with great car parking.

    In an ever growing part of Greater Launceston and the Tamar Valley, âLegana is often cited as being the fastest growing area in Tasmaniaâ- source West Tamar Council. Here is an income generating asset with future potential.

    The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd .by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the properties

    The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on.

    Ben Humphreys
    Humphreys
    Ben Humphreys
    Humphreys

    Property Highlights

    Property ID2016555473
    Floor Area1,612 m²
    Land Area4,000 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Feb 2021
    Map for 35 Legana Park Drive Legana TAS 7277
    Map for 35 Legana Park Drive Legana TAS 727735 Legana Park Drive Legana TAS 7277
    Ben Humphreys
    Humphreys
    Ben Humphreys
    Humphreys

    Property Highlights

    Property ID2016555473
    Floor Area1,612 m²
    Land Area4,000 m²
    ParkingOn site parking available
    Annual ReturnAsk Agent
    AvailabilityAsk Agent
    Category
    Last updated  11 Feb 2021
    Humphreys
    Ground Floor, 30 Brisbane Street Launceston TAS 7250
    Ben Humphreys
    Humphreys
    Ben Humphreys
    Humphreys
    Ben Humphreys

    Ben Humphreys

    Humphreys

    0408 *** ***
    0408 569 366

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