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Moonah, TAS 7009
Warehouse, Factory & Industrial
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INDUSTRIAL INVESTMENT - NATIONAL TENANT - LONG TERM LEASE - 10% RETURN
It is with pleasure that Edwards Windsor offer for sale 5-7 Bowen Road Moonah, subject to an 8 year lease to GEON Printing & Communication Solutions, commencing October 2010, with the rent set to increase in October 2012 to $360,000 per annum plus outgoings.
The rental was assessed to be in line with market values by an independent valuer.
The main building on the site comprises a substantial factory structure, together with an ancillary administration block, constructed in 1971, plus a seperate modern warehouse building to the rear.
The buildings have a total area of approximately 6,500sqm, and is situated on an industrially zoned site of approximately 1.47 hectares.
The property is situated on the eastern side of Bowen Road, close to the intersection with Albert Road, within the established industrial/commercial precinct of Moonah, some six kilometers north of the Hobart City centre.
At the price offered for sale, this property represents little more than land value.
The rental was assessed to be in line with market values by an independent valuer.
The main building on the site comprises a substantial factory structure, together with an ancillary administration block, constructed in 1971, plus a seperate modern warehouse building to the rear.
The buildings have a total area of approximately 6,500sqm, and is situated on an industrially zoned site of approximately 1.47 hectares.
The property is situated on the eastern side of Bowen Road, close to the intersection with Albert Road, within the established industrial/commercial precinct of Moonah, some six kilometers north of the Hobart City centre.
At the price offered for sale, this property represents little more than land value.
Property ID: 500130781Last Updated: 18 Mar 2014
03 6234 55...
Address available on request
Moonah, TAS 7009
Edwards Windsor - HobartLevel 2, 89 Brisbane Street
HOBART, TAS 7000
HOBART, TAS 7000
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