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3 Cessna Way, CAMBRIDGE, TAS, 7170

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3 Cessna Way, CAMBRIDGE, TAS, 7170

Cambridge

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3 Cessna Way, CAMBRIDGE, TAS, 7170

Cambridge

SOLD
3 Cessna Way, CAMBRIDGE, TAS, 7170

3 Cessna Way, CAMBRIDGE, TAS, 7170

Properties / Sold / Tasmania / Cambridge
Tenanted Investment
Selling Method
EOI
Selling Details
For Sale by Expressions of Interest
Land Area
4,395 m² (*approx)
Floor Area
3156 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Terms
All statutory outgoings and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.
Est. Income
$220,000 p/a
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Fantastic industrial investment
  • Construction completed in early 2023
  • Annual CPI increases
  • Significant depreciation benefits

Knight Frank is delighted to offer to market a fantastic industrial investment at 3 Cessna Way, Cambridge.

The brand-new facility was recently completed and is constructed of metal decking across the warehouse and office components. The well-presented, modern fit out warehouse is situated on an impressive 4,395 sqm* of level land. The site is complimented by a high quality 1,156 sqm* warehouse, 200 sqm* of offices over two levels and includes board room reception and meeting facilities. Approximately 1,800 sqm* of concrete hardstand and 22 car parks boost the flexibility and future uses of the property. The premises is fully fenced with automatic gates and includes 3-phase power.

CAMSTEEL and roofing is a locally owned and operated steel and roofing supplier paying a net annual rent of $220,000 per annum* plus all statutory outgoings and building insurance, and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.

For Sale by Expressions of Interest closing 20 April 2023 at 4:00pm AEST.

*Approximate

Remember to mention you found this property on CommercialReady

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Tenanted Investment
Tenanted Investment

3 Cessna Way Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Est. Income
$220,000 p/a
Terms
All statutory outgoings and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.
Land Area
4,395 m² (*approx)
Floor Area
3156 m² (*approx)
Selling Method
EOI
Selling Details
For Sale by Expressions of Interest

Investment Highlights

Fantastic industrial investment
  • Construction completed in early 2023
  • Annual CPI increases
  • Significant depreciation benefits

Knight Frank is delighted to offer to market a fantastic industrial investment at 3 Cessna Way, Cambridge.

The brand-new facility was recently completed and is constructed of metal decking across the warehouse and office components. The well-presented, modern fit out warehouse is situated on an impressive 4,395 sqm* of level land. The site is complimented by a high quality 1,156 sqm* warehouse, 200 sqm* of offices over two levels and includes board room reception and meeting facilities. Approximately 1,800 sqm* of concrete hardstand and 22 car parks boost the flexibility and future uses of the property. The premises is fully fenced with automatic gates and includes 3-phase power.

CAMSTEEL and roofing is a locally owned and operated steel and roofing supplier paying a net annual rent of $220,000 per annum* plus all statutory outgoings and building insurance, and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.

For Sale by Expressions of Interest closing 20 April 2023 at 4:00pm AEST.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

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3 Cessna Way, CAMBRIDGE, TAS, 7170

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Property Location of 3 Cessna Way, CAMBRIDGE, TAS, 7170

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3 Cessna Way, CAMBRIDGE, TAS, 7170 Cambridge
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