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3 Cessna Way, CAMBRIDGE, TAS, 7170

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3 Cessna Way, CAMBRIDGE, TAS, 7170

Cambridge

3 Cessna Way, CAMBRIDGE, TAS, 7170

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3 Cessna Way, CAMBRIDGE, TAS, 7170

Cambridge

SOLD

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

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