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GP Glass, 26 Loone Lane, SPREYTON, TAS, 7310

2. Property Highlights

Brand New 10 Year Lease - Prized Freehold Industrial Investment
  • New 10 Year Lease to April 2031
  • GP Glass: Market Leading Tenant
  • Net Lease / Fixed Rent Increases

+ Brand new 10 year lease to April 2031 plus options to 2041

+ Fixed 3% annual rent increases

+ Tenant pays outgoings

+ GP Glass: Tasmania’s leading manufacturer of aluminium windows, doors, showers screens

+ Security of bond and personal guarantees to the performance of the Lease

+ Well maintained and recently extended 1,935sqm facility

+ Large 4,859sqm site with abundant car parking and hardstand

+ Devonport: important Port City centrally positioned to service Tasmania state wide

+ Net Income: $131,020 pa + GST

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne

Remember to mention you found this property on CommercialReady.com.au

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3. Property Location

GP Glass, 26 Loone Lane, SPREYTON, TAS, 7310

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4. Due Diligence

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  • Development Pipeline
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