1-3 Legana Park Drive,
Legana, TAS 7277
Warehouse, Factory & Industrial • Offices • Other
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Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
1-3 Legana Park Drive
Legana, TAS 7277
Map of 1-3 Legana Park Drive
10 Year Triple Net Lease Plus Options To Market Leading Nature’s Best
- New 10 Year Triple Net Lease
- Lease to Natures Best (Pets Domain)
- Significant 1.2ha Freehold Landholding
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 8...
Beau Coulter 0413 839 8...
Knight Frank
David Webster 0419 516 6...
Cale Ayres 0439 358 0...
+ 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 8...
Beau Coulter 0413 839 8...
Knight Frank
David Webster 0419 516 6...
Cale Ayres 0439 358 0...
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Property ID: 504365780Last Updated: 7 Feb 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Elders Real Estate - Launceston 54 Cameron Street
LAUNCESTON, TAS 7250
LAUNCESTON, TAS 7250
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