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Elders Real Estate - Hobart

10 Sunmont Street Derwent Park, TAS 7009

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10 Sunmont Street,
Derwent Park, TAS 7009

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Zoning

Tenure type

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Elders Real Estate - Hobart
George Burbury

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
04083335...
Elders Real Estate - Hobart
10 Sunmont Street
Derwent Park, TAS 7009

Map of 10 Sunmont Street

Directions

7-year net lease to ASX listed TasFoods Ltd

  • Net rent: $90,000 plus GST
  • Attractive annual increases
  • Zoned: General Industrial
We are delighted to offer for sale this trophy industrial investment, leased to ASX Listed TasFoods Ltd on a new 7 year term with 2 x 5 year options.

This well located industrial cool store, warehouse, and office facility with future development potential^ presents well and comprises a building area of 392 sqm*, and an impressive waterfront land area of 4,318 sqm*.

The property is being sold with a 7-year leaseback with a net rent of $90,000 plus GST and the Tenant responsible for all outgoings and day to day repairs and maintenance, making this a fantastic option for the passive investor.

With the amount of underutilised land there is potential for development or expansion at lease end^, capitalising on the demand for industrial buildings in the Derwent Park area

Derwent Park, 7009 demographic data

The median household income for Derwent Park is $1,190, 23% lower than Greater Hobart's household income of $1,542. Derwent Park has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 43% of property owners in Derwent Park have a mortgage.

872
Population
$1,190 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households

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