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27-35 Strahan Street, BURNIE TAS, 7320

Sold
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Property Sold in 27-35 Strahan Street, BURNIE TAS, 7320

Listing ID:
11371249
Status:
Sold
Last Updated:
11/02/2020
Price:
Expression of Interest
Icon building

Property Type

Industrial/Warehouse
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Land Area

2348 SQM
Icon size

Floor Area

1730 SQM
Icon parking

Parking

0

High Yield Investment Sale - Multi National Tenants - Prime Corner Site in NW Commercial Heartland

This substantial commercial property comprises a huge site of
2348 sq metres with a modern showroom warehouse building of approx. 1730 sq metres leased in two tenancy areas; one under a renewed 5 + 5 year lease to national bearings and engineering supplier Webster BSC part of the multi national Inenco Group, and the other leased to heavy industrial equipment supplier Caterpillar Underground Mining, a wholly owned subsidiary of the international Caterpillar Inc group.

27-35 Strahan Street boasts a superb high profile corner position in the sought after South Burnie commercial and industrial locale just one block from the Bass Highway and less than five minutes from the CBD and Burnie's Port.
An exceptional property with a combined rent income totalling $130,000 p.a, 27-35 Strahan Street presents as a tremendous opportunity for investors offering a strong yield of 9.65% and underpinned by the security of multi-national tenants.

For further details contact Ian Singline

For more details, please email agent

Shepherd & Heap

49 Cameron Street, Launceston, TAS 7250


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