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10 Runway Place, Cambridge, Tas 7170

10 Runway Place, Cambridge, Tas 7170

Industrial/Warehouse Showrooms/Bulky Goods

  • Sold Contact Agent
  • Wed 24-Mar-21

Quench your Investment Thirst

  • 9.5 year lease to Juicy Isle Beverages
  • Net rent of $658,071
  • Large land and building area

  • Floor Area
  • 6,300 m²
  • Tenure Type
  • Tenanted Investment
  • Last Updated
  • Apr 08, 2021
  • Zoning
  • Light Industrial

Interested in this property? Contact an Agent today

Knight Frank - Tasmania

5 Victoria Street

Hobart Tas 7000

Quench your Investment Thirst

Knight Frank has the exclusive opportunity to offer for sale the ‘Juicy Isle’ building at 10 Runway Place, Cambridge as a tenanted investment.

The property is offered as one parcel by Expressions of Interest.

10 Runway Place is a modern built industrial complex comprising approximately 4,850sqm of expansive warehouse currently utilised as a production facility for high quality beverages, complemented by approximately 880sqm of offices and amenities, with extensive hardstand over a 1.07ha (approx.) site.

Juicy Isle, a privately owned beverage production and distribution company, has occupied the site since 2007 and has an 8 year lease from 1 July 2017, and has formally taken an option up of a further 5 years, giving a lease expiry in 2030. There are two further 5-year options.

Cambridge has experienced significant development in recent years and looks set to continue as Hobart and its northern suburbs transition through urban sprawl into higher density residential. Its proximity to the Tasman Highway and Hobart International Airport allow varied transport options and the mix of Light industrial and Commercial zonings are popular with businesses

10 Runway Place, Cambridge, Tas 7170

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