25-31 Tasman Highway Waverley TAS 7250
Sold $6,100,000
Large scale Industrial Facility - Anchored By Australian Liquor Marketers (ALM) Wholly Owned Subsidiary of ASX 200 Listed: Metcash Ltd (MTS)
This exceptional freehold offering affords a rare opportunity to acquire a large scale distribution facility and office comprising an substantial gross lettable area of 5,631m2. The expansive facility is well configured to cater for a diverse range of operations, comprising two main warehouses (3,710m2 & 1,280m2) as well as two adjoining smaller office buildings with three points of accessibility including separate dual truck crossovers for distribution services.
Boasting a significant rental reversion opportunity 25-31 Tasman Highway affords a current blended rental rate of only $72/m2 net along with clear development upside given this land rich asset displays only 30% site cover.
Currently occupied by Australian Liquor Marketers (ALM) a wholly owned subsidiary of ASX 200 listed Metcash LTD (MTS, with a market cap of $4.29billion AUD.
Key Features at a glance:
- Superb 1.88ha site offering scope for obvious additional building expansion
- Cleverly thought out DC with multiple access points and loading docks
- Strategic location only 4km approx. to Launceston CBD and 15km approx. to Launceston Airport
- Enormous 5,631m2 total building footprint inclusive of admin offices and amenities
- Huge clear span warehouse sections with ability to easily extend sections
- Zoned 18.0 'Light Industrial' catering for current DC use or indeed general warehousing and manufacturing (both permitted with a permit).
- 38 marked car parking spaces
- Current Net Rent: $401,566pa Excl. GST approx.
For further details contact Joel Harwood or Blake Shepherd.
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Call Agent
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Joel HarwoodShepherd & Heap Commercial
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Blake ShepherdShepherd & Heap Commercial
