Offering the unique attributes of a large "industrial" zoned 14,631* sqm block of land, adjoining the Launceston Airport and with a leading national tenant, this property ticks all the boxes.

Launceston Airport was named Australia’s 2022 Airport of the Year at the Inaugural Australian Aviation Awards and is currently well into a significant terminal upgrade. The airport currently has 1.4 million* passengers passing through the terminal annually.

The site is currently occupied by Hertz car rental on a 3-year lease expiring 30 June 2026. A break clause offers the landlord the ability to terminate the lease before the expiry with 6 months written notice offering flexibility to a buyer to take either a longer-term position or alternatively seek to redevelop in the short to medium term with holding income.

The industrial zoning and location of the site offers significant flexibility in terms of future development that may suit this site (STCA).

The opportunity to acquire a substantial land holding adjoining a major airport serviced by Virgin Australia, Jetstar, Qantas, Sharp Airlines and Bonza is rare, don't let it fly away!

For Sale by Offer.

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