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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 $312,604 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 $312,604 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
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