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Airport development land, with current income

4 Hughes Court, WESTERN JUNCTION TAS, 7212

For Sale

Property for Sale in 4 Hughes Court, WESTERN JUNCTION TAS, 7212

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250

Listing ID:
11384686
Status:
Active
For:
Sale
Price:
By Negotiation
Last Updated:
30/05/2020
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Property Type

Land/Development
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Land Area

4710 SQM
Icon size

Floor Area

N/A
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Parking

N/A

Airport development land, with current income

At the head of the cul-de-sac of Hughes Court, and accessed from Translink Avenue

Near level development land, within the Translink Industrial Estate at Western Junction, nearby Launceston Airport.

A small portion (70 sqm) of the property is leased to Telstra for a telecommunications tower, which generates an income of $13,700.
That income well and truly covers holding costs (Council Rates etc) and illustrates as a "bonus" for a new owner whilst they develop the site.

Translink Industrial Estate, because of its prime position and accessibility to all Tasmanian highway networks, is fast becoming THE position of choice for distribution warehousing and industrial activities.

4 Hughes Court is one of the few remaining sites within the Translink "community".

For more details, please email agent

Knight Frank Tasmania - Launceston

54 Cameron Street, Launceston, TAS 7250


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