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Parmalat - Global Dairy Manufacturing Giant

1 River Street, INVERMAY TAS, 7248

For Sale

Property for Sale in 1 River Street, INVERMAY TAS, 7248

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11333067
Status:
Active
For:
Sale
Price:
Price on Request
Last Updated:
21/02/2019
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Property Type

Industrial/Warehouse/Land/Development/Retail
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Land Area

11780 SQM
Icon size

Floor Area

4820 SQM
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Parking

N/A

Parmalat - Global Dairy Manufacturing Giant

Impressive 4,820 sqm production facility constructed 2011.
Secure 15 year lease to 2027 plus options to 2042.
Significant taxation saving depreciation.
Parmalat: Global conglomerate and dairy food producer employing over 36,000 people across 18 countries.
15 year lease to Parmalat Australia YD Pty Ltd with parent company guarantee.
Tenant pays usual outgoings including Land Tax, under all repairing lease.
Huge 1.178 ha ‘General Industrial’ zoned site.
Strategic location close to East Tamar Hwy & 1.5km from CBD, amongst Lysaght, Origin, Smorgon ARC, Harvey Norman and BlueScope Steel.
Launceston: Tasmania’s largest northern city with a growing trade catchment of over 140,000 people.
Tasmania: Booming economy with growth of 29.4% in dwelling construction and 6.2% in retail sales (62% above national average).
Rent: $838,930 pa (July 2019 assume 2.7% CPI).

For Sale by Expressions of Interest
Closing 4pm Thursday 7 March 2019

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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