95-105 Wright Street
East Devonport TAS 7310
Contact Agent
Blue Chip Portside Industrial Investment
Elders Commercial is privileged to exclusively present for sale 95-105 Wright Street, 8 Stephen Street, 7 & 107 Douglas Street, East Devonport. A strategically located logistics facility that is fully leased to Strait Link Logistics Pty Ltd and Team Global Express Pty Ltd.The property is for sale as part of a portfolio via Expressions of Interest Closing 11 June 2026 at 4pm.
Key investment and property highlights include:
+ A high‑quality logistics facility underpinned by two large‑scale national logistics operators, delivering secure and diversified income.
+ STRAIT LINK - lease commenced 1 April 2025 on a 5‑year term with a further 5‑year option, through to 2035. Rental growth is underpinned by 3.5% fixed annual increases, with a market rent review at option commencement, subject to a ratchet preventing rental decline.
+ TEAM GLOBAL EXPRESS - lease commenced 1 April 2022 on a 5‑year term with a further 5‑year option, through to 2032. Rental growth is underpinned by 3.5% fixed annual increases, with a market rent review at option commencement.
+ Situated on a 14,737sqm* allotment, providing a strong land to building ratio (15.1%*) and long-term underlying land value.
+ Strategically positioned in a core industrial and freight precinct, ideally suited to transport, logistics and distribution operations.
+ The property comprises 2,234sqm* of improved lettable area, efficiently configured to support warehousing, office and distribution uses. Within the lettable area is large scale cool room and freezer.
+ The site features fully bitumen‑sealed hardstand throughout, enabling efficient truck access, container handling and high‑volume vehicle movements.
+ Current passing net income of $582,069* + GST with a WALE of 3.03* years as at May 2026.
Please contact one of the listing agents for more information or to arrange an inspection today.
Features
General Features
- Commercial Type: Industrial/Warehouse
- Building Area: 2,234sqm
- Zoning: Light Industrial
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