Paperlinx Quietly Sells Wesley Vale Manufacturing Plant, Tasmania

PAPER manufacturer Paperlinx is selling its Wesley Vale manufacturing mill, in northern Tasmania, as part of plans ceasing manufacturing in that state.

The ASX-listed company can expect some $5 million, sources say, for the 56.1 hectare block which includes a vacant 30,000 square metre manufacturing facility built in the late 1960s.

Knight Frank agents Andrew Macqueen and Rob Dixon are expecting the site to arouse interest from owner occupiers, or an institution which may redevelop the site into an industrial park.  The site is near the Devonport Airport, sea ports, and the docking station for the Spirit of Tasmania, which commutes to Station Pier, Port Melbourne.

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