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12 Wellington Street

South Burnie TAS 7320

For Sale by Private Treaty

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 area
of 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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