12 Wellington Street
South Burnie TAS 7320
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Lease to worldwide electrical supply group - Rexel
Elders Commercial is pleased to offer for sale, this fully leased asset situated within the highly popular mixed-use areaof Wellington Street, positioned on the eastern entrance to Burnie and surrounded by a number of commercial and light industrial enterprises.
The property is currently occupied by Rexel Australia Pty Ltd on a new 4+3+3+3 year lease from 1 January 2024.
Tenant outgoings comprise Council, water and sewerage, land tax (single holding), building insurance, pest control with annual CPI reviews and a market review at the commencement of each option period.
Rexel operates in 19* countries with over 1,900* branches and over 26,000* employees worldwide.
For further details, please contact Elders Commercial.
Features
General Features
- Commercial Type: Industrial/Warehouse
- Building Area: 631sqm
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