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Outstanding investment/62 Charles Street Moonah TAS 7009

  • Factory, Warehouse & Industrial
  • 640 m²
  • Expressions of Interest

Outstanding showroom/warehouse investment

  • Net Income: $68,630 plus GST
  • Occupied by reputable tenant
  • Significant future rental uplift

Knight Frank present to the market for sale the freehold property and buildings situated at 62 Charles Street, Moonah.

The large 1,320* sqm rectangular land parcel is situated in the heart of the Moonah Commercial and Light Industrial precinct and has high exposure to passing vehicular and pedestrian traffic.

The property is leased to reputable tenant, Global Autocoat who are an industry leading automotive body shop and supplier of paint. The property comprises two modern buildings with a total building area of 640* sqm. As you walk into the front building, you are met with a customer service area and showroom which is complemented by a substantial warehouse, two offices, bathroom and kitchen amenities.

The rear building is a modern warehouse with office, kitchenette, and bathroom amenities. This building benefits from a high ceiling of 5.6m* and ready-to-use 3-Phase power. Access to the rear warehouse is excellent with two large roller doors circa 4.8m high. A spacious 360* sqm hard stand area also benefits the property.

The current net income is $68,630 plus GST, reflecting $107/sqm across the total lettable area, suggesting that there is future rental upside.

For Sale by Expressions of Interest closing 9 December 2021 at 4:00 pm AEDT

*approx.

EXPRESSION OF INTEREST

Closing date and time09/12/2021 16:00
Recipient nameAsk Agent
Delivery addressAsk Agent
Tom Balcombe
Knight Frank - Tasmania
Tom Balcombe
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania

Property Highlights

Property ID2017415992
Floor Area640 m²
Land Area1,320 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Nov 2021
Map for Outstanding investment/62 Charles Street Moonah TAS 7009
Map for Outstanding investment/62 Charles Street Moonah TAS 7009Outstanding investment/62 Charles Street Moonah TAS 7009
Tom Balcombe
Knight Frank - Tasmania
Tom Balcombe
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania

Property Highlights

Property ID2017415992
Floor Area640 m²
Land Area1,320 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  23 Nov 2021
Knight Frank - Tasmania
5 Victoria Street Hobart TAS 7000
Tom Balcombe
Knight Frank - Tasmania
Tom Balcombe
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
George Burbury
Knight Frank - Tasmania
Tom Balcombe

Tom Balcombe

Knight Frank - Tasmania

George Burbury

George Burbury

Knight Frank - Tasmania

0417 *** ***
0417 979 194

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