Industrial Asset | $1,480,000 | Net Yield: 6.1% | TAS

This modern industrial investment presents a compelling opportunity to secure strong income and future upside within one of Hobart’s most active and supply-constrained industrial markets.

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Positioned directly opposite a future major industrial and large-format retail precinct, the asset has been secured at a 6.1% net yield, offering a yield premium with the potential for compression as surrounding development is delivered. The property is newly constructed, benefits from excellent depreciation, and is secured by a 3.5-year lease to an established operator, providing immediate income certainty.

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Built to a high standard, the facility features a high-clearance warehouse, modern reception and amenities, first-floor office and mezzanine areas, and quality services throughout. With minimal near-term capital expenditure required, the asset is well suited to investors seeking a low-maintenance, passive holding.

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The property generates a net income of approximately $90,250 p.a. (excl. GST), supported by CPI-linked rental increases and strong tenant covenant. The tenant has further sub-leased a portion of the premises to a solar energy business, adding resilience to the income profile and reinforcing the sustainability of cash flow.

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With industrial land in Hobart increasingly scarce and leasing demand proving exceptionally strong, this investment offers a well-balanced combination of income security, modern improvements and long-term growth fundamentals.