Skip to main content
5 Techno Park Drive
Kings Meadows TAS 7249
SearchBack to results
Sold on 9 Aug 2019

5 Techno Park Drive Kings Meadows TAS 7249

  • Offices
  • 1,440 m²
  • Sold

Commonwealth Government Facility- Rare Net Lease with Guaranteed Growth

7 year lease to July 2023 with options to 2029.
Modern Centrelink call centre facility occupied by Federal.
Government since 1997.
Fixed annual 3.5% rent increases.
Rent for first year of further option period cannot be lower than the previous years rent.
Government pays all usual outgoings including Land Tax.
Well maintained 1,440 sqm building with recent upgrades and undergoing further Government funded improvements.
On-title parking for 110 car spaces.
Substantial 1.444ha site surrounded by complimentary tenants Westpac, TasRail and Forico.
Easily managed single tenant investment.
Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3 billion.
Net Income: $376,964 pa + GST

Auction 11am AEST Wednesday 7 August 2019
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time07/08/2019 11:00
Auction location5 Techno Park Drive, Kings Meadows TAS

Property Highlights

Date Sold9 Aug 2019
Floor Area1,440 m²
Land Area1.44 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2015425557
Category
Last updated  14 Nov 2019
Map for 5 Techno Park Drive Kings Meadows TAS 7249

Property Highlights

Date Sold9 Aug 2019
Floor Area1,440 m²
Land Area1.44 ha
EnergyAsk Agent
ParkingAsk Agent
Property ID2015425557
Category
Last updated  14 Nov 2019
Level 20, 150 Lonsdale Street Melbourne VIC 3000

More Offices for Sale in Kings Meadows TAS

Sold
ground/unit 8-12, 2 innocent street,kings meadows, TAS 7249
202 m²
Offices
Sold$168,000
6/2 innocent street,kings meadows, TAS 7249
62 m²
Offices
Sold
145 hobart road,kings meadows, TAS 7249
564 m²
Offices