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Elders Commercial is pleased to present an outstanding leased industrial investment in Launceston’s growing St Leonards precinct.
Key investment highlights include:
- Premium lease covenant to “Solstice Energy”, a strong business who offers electricity and natural gas across Victoria and Tasmania. Formally known as Tas Gas, the tenant has been in the property since 2014.
- Solstice Energy is a majority Australian-owned entity under the management of FAFM (Foresight Australia Funds Management). FAFM is a division of Foresight Group, with current funds under management of $25b.
- High quality industrial/office facility with over 1,530 sqm* of lettable area, made up of 890 sqm* office and 570 sqm* warehouse. There is also a 70 sqm* shed outside of the leased area.
- Extremely valuable and rare 37-onsite car parks.
- Large freehold title of 3,444 sqm* with coveted “Light Industrial” zoning.
- Premium location within the growing St Leonards industrial hub, only 7 minutes from the Launceston CBD.
- Unexpired lease term of 3.66 years with a further 5-year option.
- Net Income of $299,161 pa + GST.
Please contact Fletcher Seymour or Isabelle Firth for more information or to arrange an inspection.
*Approx
Remember to mention you found this property on CommercialReady
Elders Commercial is pleased to present an outstanding leased industrial investment in Launceston’s growing St Leonards precinct.
Key investment highlights include:
- Premium lease covenant to “Solstice Energy”, a strong business who offers electricity and natural gas across Victoria and Tasmania. Formally known as Tas Gas, the tenant has been in the property since 2014.
- Solstice Energy is a majority Australian-owned entity under the management of FAFM (Foresight Australia Funds Management). FAFM is a division of Foresight Group, with current funds under management of $25b.
- High quality industrial/office facility with over 1,530 sqm* of lettable area, made up of 890 sqm* office and 570 sqm* warehouse. There is also a 70 sqm* shed outside of the leased area.
- Extremely valuable and rare 37-onsite car parks.
- Large freehold title of 3,444 sqm* with coveted “Light Industrial” zoning.
- Premium location within the growing St Leonards industrial hub, only 7 minutes from the Launceston CBD.
- Unexpired lease term of 3.66 years with a further 5-year option.
- Net Income of $299,161 pa + GST.
Please contact Fletcher Seymour or Isabelle Firth for more information or to arrange an inspection.
*Approx
Remember to mention you found this property on CommercialReady
5 Kiln Court, St Leonards, TAS, 7250
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
