100 Grove Road,
Glenorchy, TAS 7010
Shops & Retail • Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Map of 100 Grove Road
Investment,with Upside - over 8% return
Edwards Windsor are pleased to offer for sale this substantial, high profile and versatile bulky goods premises, located on a strategic site, with long term development option.
The property is located on the south-eastern corner of Grove Road and McKay Avenue, in an established industrial hub of Hobarts northern suburb of Glenorchy, only 10 minutes from Hobarts CBD.
Situated on the site is a large free standing bulky goods building, of just over 3,000 sqm.
The building is occupied by Bennett’s Furniture & Bedding Pty Ltd, who have been trading from this site for over 27 years.
The improvements are situated on an allotment of just over 5,100 sqm, which is zoned 'light industrial', providing a variety of potential future uses for the site.
The property is being offered for sale, subject to a new five year lease, with a 5 year option, at a rental of $240,000 per annum, plus all outgoings, with rental adjustments in line with CPI.
This is your opportunity to secure a well maintained, tenanted investment, with long-term development upside.
Please call now for more information.
The property is located on the south-eastern corner of Grove Road and McKay Avenue, in an established industrial hub of Hobarts northern suburb of Glenorchy, only 10 minutes from Hobarts CBD.
Situated on the site is a large free standing bulky goods building, of just over 3,000 sqm.
The building is occupied by Bennett’s Furniture & Bedding Pty Ltd, who have been trading from this site for over 27 years.
The improvements are situated on an allotment of just over 5,100 sqm, which is zoned 'light industrial', providing a variety of potential future uses for the site.
The property is being offered for sale, subject to a new five year lease, with a 5 year option, at a rental of $240,000 per annum, plus all outgoings, with rental adjustments in line with CPI.
This is your opportunity to secure a well maintained, tenanted investment, with long-term development upside.
Please call now for more information.
Glenorchy, 7010 demographic data
The median household income for Glenorchy is $1,143, 26% lower than Greater Hobart's household income of $1,542. Glenorchy has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 49% of property owners in Glenorchy have a mortgage.
12,013
Population
$1,143 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
03 6234 55...
100 Grove Road
Glenorchy, TAS 7010
Edwards Windsor - HobartLevel 2, 89 Brisbane Street
HOBART, TAS 7000
HOBART, TAS 7000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
51-53 Chapel Street,Glenorchy, TAS 7010 847 m²Shops & Retail • Warehouse, Factory & Industrial