A brand new Australia Post centre of 5,819sqm* GLA, located within 4km* of the Launceston, CBD
New 10 year net lease to Australia Post, with fixed 3.75% Annual Rental increases
Prominently located due to its access to the main highway network, servicing the growing Launceston region
Highly convenient at grade car park for 87* vehicles
The distribution centre is the only one its kind in Launceston and provides postal services for the whole Northern section of Tasmania
Net passing income of $529,000 per annum*
*approximately
The size of St Leonards is approximately 44.7 square kilometres. It has 5 parks covering nearly 0.6% of total area. The population of St Leonards in 2011 was 1,924 people. By 2016 the population was 1,996 showing a population growth of 3.7% in the area during that time. The predominant age group in St Leonards is 0-9 years. Households in St Leonards are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Leonards work in a trades occupation. In 2011, 75% of the homes in St Leonards were owner-occupied compared with 76.3% in 2016.
St Leonards has 1,114 properties. Over the last 5 years, Houses in St Leonards have seen a 99.58% increase in median value, while Units have seen a 60.50% increase. As at 31 July 2024:
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