71 Boland Street Launceston TAS 7250

Leased to Symbion Pharmaceuticals, 100% wholly owned subsidiary of pharmaceutical giant EBOS - ASX: EBO boasting annual 2024 turnover of $13.4b AUD.

Shepherd & Heap Commercial thoroughly recommend this impressive warehousing complex to all investors seeking a secure, low maintenance A grade asset located in an extremely tightly held showroom/bulky goods strip less than 2km to the Launceston CBD.

- High clearance warehouse with drive thru ability
- Mainly concrete pre cast panel with impressive front and rear yard area
- Goods dispatch/receivables facility with awning
- Strong depreciation benefits for strategic tax minimisation
- 5 year renewed lease from 1 July 2023
- CPI annual increases (Hobart Index)
- Tenant pays rates, water, land tax and building insurance
- $244,768 net rent (assuming 1.5% CPI increase from 1 July 2025)

For further details contact Blake Shepherd or Joel Harwood.