Brand new industrial investment located in Rokeby, Tasmania, approximately 20 minutes from Hobart CBD. With light industrial land in very short supply in Hobart, Rokeby will provide one of the final available land releases. This asset is one of the first strata developments in this broader land release. <br><br>The approx 279m2 property features a versatile concrete tilt slab construction with a showroom/reception area, amenities, and a mezzanine level. The warehouse offers a clear span with 6-metre clearance, which will appeal to a range of modern uses. Additional features include an accessible glass façade entrance, hardstand, modern office facilities, plus dedicated on-site parking for an impressive 5 vehicles.<br><br>The property generates a net income of $60,000 per annum (assumes very conservative management fees of $5,000 per year), providing a strong net yield of approximately 6.3%. The asset is expected to come with excellent depreciation benefits, further enhancing returns after tax. <br><br>Leased to The Young Group on a secure 3-year lease with a 3-year option, ensuring income stability. The lease includes annual rent reviews and tenant obligations for all service charges and maintenance of building services. The tenant is responsible for all outgoings except for management fees.<br><br>Situated in the growing industrial precinct of Rokeby, the property benefits from proximity to major tenants like Robbies Confectionery, Cleanaway, and Viridian Glass. It offers excellent access to Hobart's arterial road network, being just 15 minutes from Hobart International Airport.<br>