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4 Hughes Court, Western Junction, Tas 7212

4 Hughes Court, Western Junction, Tas 7212

Land/Development

  • For Sale
  • By Negotiation
  • Sale by Negotiation
  • Under Contract

  • Land Area
  • 0.47ha (1.16 acres) (approx)
  • Tenure Type
  • Vacant Possession
  • Last Updated
  • Apr 15, 2021
  • Zoning
  • General Industrial

Interested in this property? Contact an Agent today

Knight Frank - Launceston

54 Cameron Street

Launceston Tas 7250

Rodney Rawlings
David Webster

Airport development land, with current income

At the head of the cul-de-sac of Hughes Court, and accessed from Translink Avenue

Near level development land, within the Translink Industrial Estate at Western Junction, nearby Launceston Airport.

A small portion (70 sqm) of the property is leased to Telstra for a telecommunications tower, which generates an income of $13,700.
That income well and truly covers holding costs (Council Rates etc) and illustrates as a "bonus" for a new owner whilst they develop the site.

Translink Industrial Estate, because of its prime position and accessibility to all Tasmanian highway networks, is fast becoming THE position of choice for distribution warehousing and industrial activities.

4 Hughes Court is one of the few remaining sites within the Translink "community".

4 Hughes Court, Western Junction, Tas 7212

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