COPE, 229 Kennedy Drive,
Cambridge, TAS 7170
Warehouse, Factory & Industrial
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Sale - Expression of Interest closing Thu 28 Nov
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
COPE, 229 Kennedy Drive
Cambridge, TAS 7170
Map of COPE, 229 Kennedy Drive
Bus stops within 5 km of COPE, 229 Kennedy Drive, Cambridge, TAS 7170 Distance Tasman Hwy Kennedy Dr 694 m Hydro Tasmania Cambridge Park Dr 791 m Cambridge Homemaker Cambridge Park 1.1 km Acton Rd Near Shelomith Dr 1.3 km Bennetts Furniture Bungana Way 1.3 km POWERED BY HERE ©
POWERED BY HERE ©
Atrractive net lease investment to National logistics tenant
- Sought after industrial location
- Net Lease: $159,315 + GST
- NLA only 30% site coverage
Elders Commercial are proud to present to the market this outstanding industrial transport asset leased to COPE Sensitive Freight, situated at 229 Kennedy Drive, Cambridge.
Cambridge in approximately 13 kms east of Hobart’s city centre. The property is highly accessible being situated just off the Tasman Highway which forms part of Greater Hobart’s arterial road network whilst Kennedy Drive is the main roadway passing through Cambridge’s commercial precinct.
This purpose built 1,223sqm* industrial facility is situated on a substantial 3,956sqm* allotment and is occupied by COPE Sensitive Freight, with approximately 5.11* years remaining on a 13 year lease with a further 5 year option. The property has a passing net rental of approx. $159,315**pa + GST with all statutory outgoings, building insurance and management fees recoverable from the tenant.
This quality industrial asset ticks all of the investment boxes and is one to be seriously considered, given the significant future rental uplift, de-risked double net lease and strong national lease covenant.
The property is for sale by Expressions of Interest closing Thursday 28th November 2024 at 4pm (AEDT).
For further information or to arrange an inspection please contact Claude Alcorso or Trevor Fox
*Approximate
** Before owner outgoings
Cambridge in approximately 13 kms east of Hobart’s city centre. The property is highly accessible being situated just off the Tasman Highway which forms part of Greater Hobart’s arterial road network whilst Kennedy Drive is the main roadway passing through Cambridge’s commercial precinct.
This purpose built 1,223sqm* industrial facility is situated on a substantial 3,956sqm* allotment and is occupied by COPE Sensitive Freight, with approximately 5.11* years remaining on a 13 year lease with a further 5 year option. The property has a passing net rental of approx. $159,315**pa + GST with all statutory outgoings, building insurance and management fees recoverable from the tenant.
This quality industrial asset ticks all of the investment boxes and is one to be seriously considered, given the significant future rental uplift, de-risked double net lease and strong national lease covenant.
The property is for sale by Expressions of Interest closing Thursday 28th November 2024 at 4pm (AEDT).
For further information or to arrange an inspection please contact Claude Alcorso or Trevor Fox
*Approximate
** Before owner outgoings
Property ID: 504729664Last Updated: 25 Nov 2024
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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