Superior standard industrial warehouse/distribution property fully leased to Nufarm “…the largest manufacturer of crop protection products in Australia”.

Nufarm's northern Tasmania service centre within the Translink Precinct nearby Launceston Airport provides select investors an opportunity to enhance their investment portfolios with the strength of a national and international Lessee.

• Lease to Nufarm Limited – ASX Listed
• Lease commenced November 2008
• Lease tenure, with options to 2028
• Current passing rent $173,000 (approx.)
• Lessee pays outgoings including insurance
• High quality, low maintenance building and associated improvements
• Land holding of 5,651 sqm
• Premier location

Negotiable at “offers over $1.6 million” – may reflect double-digit return.