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1-3 Legana Park Drive, Legana, TAS, 7277

2. Property Highlights

10 Year Triple Net Lease Plus Options To Market Leading Nature’s Best
  • New 10 Year Triple Net Lease
  • Lease to Natures Best (Pets Domain)
  • Significant 1.2ha Freehold Landholding

Burgess Rawson and Knight Frank are delighted to offer to the market the Natures Best warehouse and office facility at 1-3 Legana Park Drive, Legana (Launceston), TAS for sale via Burgess Rawson Investment Portfolio Auction 162.

+ Secure 10 year lease to 2033 plus options to 2053

+ Nature's Best: market leading animal feed and pet product supplier with lines throughout Pets Domain, Petbarn & Comfy Pet (NZ) plus more

+ Tenant pays all outgoings including insurance & maintenance

+ Attractive annual CPI reviews

+ Large 3,341sqm* manufacturing and warehouse facility plus brand new two level office

+ 10,200sqm (1.2ha) industrial landholding with low site coverage allowing future development/expansion STCA

+ Significant depreciation benefits with 40% of year 1 rent potentially tax free.

+ Legana TAS: Thriving suburb of greater Launceston, approx 12 kilometres north of Launceston CBD and undergoing significant residential and commercial growth as evidenced by the brand new $24 million primary school and community hub opening 2025

+ Single tenant minimum management investment

+ Launceston: the northern capital of Tasmania servicing local and regional population of 230,000 +

+ Net Income: $425,000 pa* + GST

Burgess Rawson

Shaun Venables 0411 860 865

Beau Coulter 0413 839 898

Knight Frank

David Webster 0419 516 629

Cale Ayres 0439 358 094

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3. Property Location

1-3 Legana Park Drive, Legana, TAS, 7277

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4. Due Diligence

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1-3 Legana Park Drive, Legana, TAS, 7277 Legana
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