QUALITY INDUSTRIAL PROPERTY LEASED BY SUBSIDIARY OF ASX LISTED COMPANY HIGH YIELDING INVESTMENT
UNDER INSTRUCTIONS FROM RECEIVERS AND MANAGERS WE ARE PLEASED TO OFFER FOR SALE THIS STRATEGICALLY LOCATED PROPERTY IN THE ROCHERLEA INDUSTRIAL PRECINCT - SOME 10 MINUTES FROM THE LAUNCESTON CBD AND 30 MINUTES TO BELL BAY (TASMANIAS LARGEST DEEP WATER SEAPORT). REPRESENTING A SIZABLE LAND HOLDING OF APPROX 5.784HA WITH A VERSATILE 1,127M2 APPROX WAREHOUSE WITH OFFICE AND CANOPY CURRENTLY LEASED BY CMA RECYCLING, A SUBSIDIARY OF ASX LISTED CMA CORPORATION.LEASED FOR 10 YEARS WITH OPTIONS, FROM JULY 2007 THE CURRENT PASSING NET RENTAL IS $158,800 PA AND IS REVIEWED WITH 5% FIXED INCREASES AND QUINQUENNIAL MARKET REVIEWS.FOR SALE BY EXPRESSION OF INTERESTFOR FURTHER DETAILS PLEASE CALL BLAKE SHEPHERD ON 0417 820 820OFFERED FOR SALE IN CONJUNCTION WITH CBRE MELBOURNE 8621 3333*BOUNDARY MARKS ARE APPROXIMATE ONLY - REAR BOUNDARY NOT VISIBLE IN PHOTO
The size of Rocherlea is approximately 30.6 square kilometres. It has 9 parks covering nearly 6.5% of total area. The population of Rocherlea in 2016 was 1081 people. By 2021 the population was 1033 showing a population decline of 4.4% in the area during that time. The predominant age group in Rocherlea is 0-9 years. Households in Rocherlea are primarily single parents and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Rocherlea work in a labourer occupation.In 2021, 28.60% of the homes in Rocherlea were owner-occupied compared with 25.80% in 2016.
Rocherlea has 575 properties. Over the last 5 years, Houses in Rocherlea have seen a 86.70% increase in median value. As at 30 April 2026:
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