Knight Frank is delighted to offer to market a fantastic industrial investment at 3 Cessna Way, Cambridge.
The brand-new facility was recently completed and is constructed of metal decking across the warehouse and office components. The well-presented, modern fit out warehouse is situated on an impressive 4,395 sqm* of level land. The site is complimented by a high quality 1,156 sqm* warehouse, 200 sqm* of offices over two levels and includes board room reception and meeting facilities. Approximately 1,800 sqm* of concrete hardstand and 22 car parks boost the flexibility and future uses of the property. The premises is fully fenced with automatic gates and includes 3-phase power.
CAMSTEEL and roofing is a locally owned and operated steel and roofing supplier paying a net annual rent of $220,000 per annum* plus all statutory outgoings and building insurance, and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.
For Sale by Expressions of Interest closing 20 April 2023 at 4:00pm AEST.
*Approximate
Remember to mention you found this property on CommercialReady
Knight Frank is delighted to offer to market a fantastic industrial investment at 3 Cessna Way, Cambridge.
The brand-new facility was recently completed and is constructed of metal decking across the warehouse and office components. The well-presented, modern fit out warehouse is situated on an impressive 4,395 sqm* of level land. The site is complimented by a high quality 1,156 sqm* warehouse, 200 sqm* of offices over two levels and includes board room reception and meeting facilities. Approximately 1,800 sqm* of concrete hardstand and 22 car parks boost the flexibility and future uses of the property. The premises is fully fenced with automatic gates and includes 3-phase power.
CAMSTEEL and roofing is a locally owned and operated steel and roofing supplier paying a net annual rent of $220,000 per annum* plus all statutory outgoings and building insurance, and have a 5-year lease until March 2028 with options. Significant depreciation benefits are associated with this asset with 36%* of year 1 rent potentially tax deductible.
For Sale by Expressions of Interest closing 20 April 2023 at 4:00pm AEST.
*Approximate
Remember to mention you found this property on CommercialReady
3 Cessna Way, CAMBRIDGE, TAS, 7170