25-31 Tasman Highway, Waverley, TAS, 7250

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.