Tasmanian State Government, 171 Westbury Road,
Prospect, TAS 7250

Offices • Warehouse, Factory & Industrial • Development Sites & Land

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Elders Real Estate - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250

Tasmanian State Government, 171 Westbury Road

Prospect, TAS 7250

Map of Tasmanian State Government, 171 Westbury Road

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Leased to Tasmanian State Govt - Major Government Office Complex

Office Complex on Large Landholding
Neighbouring Govt Owned Laboratories
Record Low Office Vacancies in TAS

90% of income secured by lease to 2028 + option
Balance of the lease to 2023 + option WALE 9.2 years
Significant 16,330 sqm landholding with 101 car spaces
Important facility leased to Tasmanian Department of Primary Industries, Parks, Water & Environment and Department of State Growth
Well presented buildings totalling 3,992 sqm including brand new 550 sqm warehouse storage facility
Strategic location within Tasmanian Government precinct adjoining Government owned office and laboratories
Greater Launceston: The major city servicing Tasmania’s north with population in excess of 110,000
Net Rent: $508,184 pa (Estimated as at July 2019)

Auction 11am AEST Wednesday 15 May 2019
River Room, Crown Casino, Melbourne