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SOLD
GP Glass, 26 Loone Lane, SPREYTON, TAS, 7310
Tenanted Investment
DETAILS
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

PROPERTY SUMMARY
Auction:
Price on Request
AUCTION DATE:
12 May 2021 10:30AM
FLOOR AREA:
1935 m² (*approx)
Land Size:
4859 m² (*approx)
Type:
Industrial, Offices, Other, Office/Warehouse, Warehouse Showroom, Office Suites, Office/Warehouse, Warehouse Showroom, Office Suites
Tenanted Investment:
Brand New 10 Year Lease - Prized Freehold Industrial Investment
LOCATION
Property Map
FOR SALE PROPERTIES IN THE AREA
SOLD PROPERTIES IN THE AREA
AGENCY DETAILS
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