Deloraine Industrial Investment | $2.88M | Net Yield: 6.10% | Global Agribusiness Tenant

Positioned within one of Tasmania’s most productive agricultural regions, this Deloraine industrial investment combines a globally significant tenant, long-term income security and a substantial underlying landholding.

‍

The purpose-built industrial facility is secured by Nutrien Limited, one of the world’s largest agribusiness operators, with the tenant having occupied the property continuously since its construction in 2010. Nutrien recently exercised a further five-year option, securing the tenancy through to June 2030, with an additional five-year option remaining.

‍

Generating a net annual cash flow return of $175,600, the asset delivers a 6.10% net yield with fixed 3% annual rental increases providing embedded income growth throughout the lease term. The net lease structure also sees the tenant responsible for the majority of property outgoings, supporting a low-management investment profile.

‍

Set across approximately 1.15 hectares, the property comprises approximately 1,126 sqm of purpose-built office, showroom and warehouse accommodation. Large hardstand areas, sealed access, generous parking and dual street frontage provide the functionality required for agricultural storage, logistics and distribution operations.

‍

The property's positioning within Tasmania’s Meander Valley provides direct access to one of the state’s key agricultural production regions. More than 400 rural businesses operate across the municipality, supported by over 100,000 hectares of farmland spanning dairy, beef, sheep, cropping and horticultural production.

‍

Connectivity to the Bass Highway further strengthens the property's role as a regional distribution facility, providing efficient access between Launceston, Devonport and Tasmania’s broader North-West agricultural region.

‍

With a global tenant, secured income through to 2030, fixed annual rental growth and a substantial landholding in a defensive agricultural market, this acquisition reflects the calibre of industrial assets Rethink Investing continues to secure for clients.