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62 Derwent Park Road,
Derwent Park, TAS 7009
Shops & Retail • Showrooms & Large Format Retail
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Sale - Auction Wed 7 Aug
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
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62 Derwent Park Road
Derwent Park, TAS 7009
Map of 62 Derwent Park Road
Bus stops within 5 km of 62 Derwent Park Road, Derwent Park, TAS 7009 Distance No.69 Derwent Park Road 0 m No.78 Derwent Park Rd 113 m Stop 35, No.111 Central Ave 177 m Stop 35, No.84 Central Ave 183 m Moonah Primary School 290 m POWERED BY HERE ©
POWERED BY HERE ©
Freestanding LFR Freehold Investment | Renewed Lease To National Giant Petbarn
- 5 Year Lease to 2028 plus options
- Petbarn on site for over 10+ Years
- Attractive 3% Rental Increases
Burgess Rawson in conjunction with Edwards Windsor Real Estate are pleased to offer to the market Petbarn in Derwent Park Tasmania for sale via Auction Investment Portfolio 170.
The property has the following key investment highlights:
+ Recently renewed Five (5) Year lease to 2028 plus options to 2038, to Petbarn, on-site for 10+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan.
+ Highly sought after fixed annual 3% rental increases and rare corporate rental guarantee.
+ Irreplaceable 1,134sqm* ‘Commercial Zoned’ site in Hobart’s most sought after LFR and industrial precinct of Derwent Park.
+ Fully occupied by Petbarn with building area of 604sqm* comprising Warehouse and Showroom as well as important level on-site carparking.
+ Located in the leading industrial precinct of Hobart's northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, Repco, ABS and Isuzu trucks all located within 1km*.
+ Within 1km of Moonah- Major shopping precinct of Northern Hobart with major tenants including Woolworths, Chemist Warehouse, Harris Scarfe and all major banks.
+ Derwent Park: Booming industrial suburb of Glenorchy with a population of approximately 72,000 within a 6km radius*
+ Tasmania: Has consistently led the nation over the past 3 years in CommSec’s state of the state report, currently number #2 in equipment spending.
+ Minimal management investment
+ Estimated Net Income: $159,745 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am (AEST) Wednesday 7 August 2024
River Room, Crown Casino, Melbourne
* Approx
The property has the following key investment highlights:
+ Recently renewed Five (5) Year lease to 2028 plus options to 2038, to Petbarn, on-site for 10+ Years
+ Petbarn: National network of 140+ Sites, owned by Greencross Vets, subsidiary of NASDAQ listed TPG Capital, Australia Super and Ontario Pension Plan.
+ Highly sought after fixed annual 3% rental increases and rare corporate rental guarantee.
+ Irreplaceable 1,134sqm* ‘Commercial Zoned’ site in Hobart’s most sought after LFR and industrial precinct of Derwent Park.
+ Fully occupied by Petbarn with building area of 604sqm* comprising Warehouse and Showroom as well as important level on-site carparking.
+ Located in the leading industrial precinct of Hobart's northern suburbs with Bunnings, Coates Hire, United Tools, Total Tools, Searoad Logistics, Repco, ABS and Isuzu trucks all located within 1km*.
+ Within 1km of Moonah- Major shopping precinct of Northern Hobart with major tenants including Woolworths, Chemist Warehouse, Harris Scarfe and all major banks.
+ Derwent Park: Booming industrial suburb of Glenorchy with a population of approximately 72,000 within a 6km radius*
+ Tasmania: Has consistently led the nation over the past 3 years in CommSec’s state of the state report, currently number #2 in equipment spending.
+ Minimal management investment
+ Estimated Net Income: $159,745 pa* plus GST
To be sold by Investment Portfolio Auction:
10:30am (AEST) Wednesday 7 August 2024
River Room, Crown Casino, Melbourne
* Approx
Property ID: 504637156Last Updated: 31 Jul 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Edwards Windsor - HobartLevel 2, 89 Brisbane Street
HOBART, TAS 7000
HOBART, TAS 7000
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