1/10-14 Merino Street, LAUNCESTON – Contact Agent

National Tenant/ASX Listed Subsidiary - Long Lease up to 22 Years - Circa 7.75% Yield


An excellent investment offering, this substantial warehouse property is under long term lease to Metcash subsidiary
HTH Stores Pty Ltd trading as Home Frame & Truss
. 7 + 5 + 5 + 5 year lease from Dec. 2014
. current rent $194,541 p.a net with annual reviews
. almost triple net lease with majority of outgoings including land
tax, building insurance and routine maintenance paid by Tenant
. substantial building of some 3025 sq metres inclusive of modern
admin office and amenities
. title area of approx. 6570 sq metres with Light Industrial zoning
. superb locale close to highway connections, city centre and airport
. value add opportunity to buy adjoining vacant warehouse – 1750 sqm building, 3298 sqm land on separate title

For further details contact Ian Singline.

Property Info

Agent Contact

Ian Singline


0419 820 820

Property Type


Land Area


Building Area

3025 sqm

Location mapView map