17 Westbury Road, South Launceston, TAS, 7249

This exceptional freehold offering affords a rare opportunity to acquire a substantial industrial property in the extremely tightly held South Launceston pocket. Occupied by ZircoDATA's former entity Iron Mountain since 2016 the long standing tenant has just renewed for a further 5 year term from November 2026 plus Options to October 2037. Comprising a substantial gross lettable area of some 1,907m2 that sits on a large 3,477m2 title area, the expansive facility is well configured to cater for a diverse range of operations. Consisting of four main warehouse sections as well as two adjoining smaller offices with dual crossovers provides exceptional accessibility for distribution services. ZircoDATA: part of the Housatonic Partners stable, US based fund manager responsible for over $1.5bn USD funds under management. ZircoDATA support over 9000 customers Australia wide. Key Features at a glance: - Superb 3,477m2 site offering scope for obvious additional building expansion - Cleverly thought out DC with multiple access points and loading docks - Strategic location only 2.2km approx. to Launceston CBD and 12.7km approx. to Launceston Airport - Enormous 1,907m2 total GLA plus tenant improved mezzanine in excess of 1,300m2 - Huge clear span warehouse sections with ability to easily extend sections - Spring height: 8.6m Ridge Height: 9.3m - Zoned 18.0 'Light Industrial' catering for current DC use or indeed general warehousing and manufacturing (both permitted with a permit). - Rent: $225,000pa + GST - Tenant pays all statutory outgoings including building insurance For further details contact Blake Shepherd or Joel Harwood.