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Long Term Lease, National Tenant

10 Merino Street, LAUNCESTON TAS, 7250

Sold

Property Sold in 10 Merino Street, LAUNCESTON TAS, 7250

Listing ID:
11283966
Status:
Sold
Price:
For Sale by Offer
Last Updated:
25/05/2018
Icon building

Property Type

Industrial/Warehouse
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Land Area

6570 SQM
Icon size

Floor Area

3025 SQM
Icon parking

Parking

N/A

Long Term Lease, National Tenant

Leased to a subsidiary of Metcash Limited trading as Home Frame & Truss for 7 years with a further 3 terms of 5 years each. Outgoings payable by the tenant include Rates, Tas Water, Land Tax and Landlords Insurance. In addition to this the tenants repair and maintenance obligations are extensive. The building area is 3,025m2 and the total site area is 6,570m2. Well appointed, well presented and easily accessed via 4 roller doors the warehouse has 3 phase power, excellent natural and artificial light and good quality air-conditioned offices, toilets and kitchen / lunch room facilities. the yard is sealed and security fenced. This is a great chance to secure a tenanted investment property with a long term lease in place and a national tenant.

For more details, please email agent

Harrison Humphreys

48 Brisbane Street, Launceston, TAS 7250


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