1-3 Legana Park Drive

Legana TAS 7277

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Sold on 9 Aug 2023

1-3 Legana Park Drive Legana TAS 7277

Factory, Warehouse & Industrial
3,341 m²
Sold

10 Year Triple Net Lease Plus Options To Market Leading Nature's Best

Burgess Rawson and Knight Frank are delighted to offer to the market the Natures Best warehouse and office facility at 1-3 Legana Park Drive, Legana (Launceston), TAS for sale via Burgess Rawson Investment Portfolio Auction 162.

+ Secure 10 year lease to 2033 plus options to 2053
+ Nature's Best: market leading animal feed and pet product supplier with lines throughout Pets Domain, Petbarn & Comfy Pet (NZ) plus more
+ Tenant pays all outgoings including insurance & maintenance
+ Attractive annual CPI reviews
+ Large 3,341sqm* manufacturing and warehouse facility plus brand new two level office
+ 10,200sqm (1.2ha) industrial landholding with low site coverage allowing future development/expansion STCA
+ Significant depreciation benefits with 40% of year 1 rent potentially tax free.
+ Legana TAS: Thriving suburb of greater Launceston, approx 12 kilometres north of Launceston CBD and undergoing significant residential and commercial growth as evidenced by the brand new $24 million primary school and community hub opening 2025
+ Single tenant minimum management investment
+ Launceston: the northern capital of Tasmania servicing local and regional population of 230,000 +
+ Net Income: $425,000 pa* + GST

Burgess Rawson
Shaun Venables 0411 860 865
Beau Coulter 0413 839 898

Knight Frank
David Webster 0419 516 629
Cale Ayres 0439 358 094

AUCTION

Auction date and time	02/08/2023 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	9 Aug 2023
Floor Area	3,341 m²
Land Area	1.02 ha
Energy	Ask Agent
Parking	Ask Agent
Property ID	2018630044
Category	Factory, Warehouse & Industrial Offices
Last updated	14 Aug 2023

Map for 1-3 Legana Park Drive Legana TAS 7277

Nearest transport* to 1-3 Legana Park Drive Legana TAS 7277

Bus

Train

Tram

Ferry

Opp. No.711 West Tamar Hwy (Holiday Park)	132 m
No.705 West Tamar Hwy (Holiday Park)	233 m
No.767 West Tamar Hwy	532 m
Opp. No.771 West Tamar Hwy (Service Station)	583 m

Data source: Metro Tasmania Pty Ltd (Metro)

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	9 Aug 2023
Floor Area	3,341 m²
Land Area	1.02 ha
Energy	Ask Agent
Parking	Ask Agent
Property ID	2018630044
Category	Factory, Warehouse & Industrial Offices
Last updated	14 Aug 2023

Co-Agents

Shaun Venables

Burgess Rawson VIC Pty Ltd

Call

0411 860 865

Beau Coulter

Burgess Rawson VIC Pty Ltd

Call

0413 839 898

More about 1-3 Legana Park Drive Legana TAS 7277

1-3 Legana Park Drive Legana TAS 7277 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 3,341 m² and a land area of 1.02 ha. The listing ID for this property is 2018630044.

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