15 Translink AvenueWestern Junction TAS 7212
Property Details for 15 Translink Ave, Western Junction
Last Listing description (March 2019)
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 extended 7 years from Nov '18
- Current passing rent $137,500 (approx)
- Lessee pays outgoings including insurance
- High quality, low maintenance building and associated improvements
- Land holding of 5,651 sqm (approx)
- Premier location
For Sale by Expressions of Interest closing 6 February 2019.
Property History for 15 Translink Ave, Western Junction, TAS 7212
- 13 Feb 2019Sold for $2,060,000
- 12 Dec 2018Listed for Sale EOI closing 6 February 2019
- 26 May 2016Sold for $1,800,000
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0About Western Junction 7212
The size of Western Junction is approximately 15 square kilometres. It has 3 parks covering nearly 4.2% of total area. The population of Western Junction in 2011 was 299 people. By 2016 the population was 128 showing a population decline of 57.2% in the area during that time. The predominant age group in Western Junction is 50-59 years. Households in Western Junction are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Western Junction work in a clerical occupation. In 2011, 74.4% of the homes in Western Junction were owner-occupied compared with 84.1% in 2016..
Western Junction has 220 properties. Over the last 5 years, Houses in Western Junction have seen a 47.72% increase in median value. As at 31 October 2024:
- The median value for Houses in Western Junction is $804,713.
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