GP Glass, 26 Loone Lane,
Spreyton, TAS 7310

Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Offices

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Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310

GP Glass, 26 Loone Lane

Spreyton, TAS 7310

Map of GP Glass, 26 Loone Lane

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Brand New 10 Year Lease - Prized Freehold Industrial Investment

New 10 Year Lease to April 2031
GP Glass: Market Leading Tenant
Net Lease / Fixed Rent Increases

+ Brand new 10 year lease to April 2031 plus options to 2041
+ Fixed 3% annual rent increases
+ Tenant pays outgoings
+ GP Glass: Tasmania’s leading manufacturer of aluminium windows, doors, showers screens
+ Security of bond and personal guarantees to the performance of the Lease
+ Well maintained and recently extended 1,935sqm facility
+ Large 4,859sqm site with abundant car parking and hardstand
+ Devonport: important Port City centrally positioned to service Tasmania state wide
+ Net Income: $131,020 pa + GST

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne

Property ID: 503804566Last Updated: 13 Jul 2021

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Elders Real Estate - Devonport

4 Stewart Street
DEVONPORT, TAS 7310