44 Browns Road,
Kingston, TAS 7050

We are pleased to offer for sale on an exclusive basis this high quality and well-presented industrial property, located in the tightly held Kingston industrial precinct, fronting Browns Road.

The property is currently occupied by long term tenant Alpha Electrics, who have been in continuous tenure for nearly 20 years. They have exercised their final option which expires in August 2024, giving both a future owner occupier the opportunity to purchase and relocate their business or an astute investor the chance to significantly renegotiate the lease to a market rent.

The site comprises a new showroom space fronting Browns Road, which includes office, kitchenette and bathroom amenity. The building also has an adjoining open span warehouse of approximately 110 sqm, with roller door access.

The rear warehouse has multiple access points and comprises approximately 705 sqm. The warehouse features 450 amp Mains Power, and the surrounding hardstand concrete is 150 mm thick, providing for heavy vehicle access.

For Sale by Expressions of Interest closing 2 September 2021 at 4:00pm AEST