18 Wellington Street,
North Hobart, TAS 7000

Warehouse, Factory & Industrial

Key property information

Floor area

Car spaces

Zoning

Tenure type

Sold on

Map of 18 Wellington Street

Directions

Attention Investors and Owner-Occupiers - Rarely Available North Hobart Opportunity

Raine & Horne Hobart have pleasure in offering For Sale a rarely available North Hobart industrial freehold opportunity.

Comprising a versatile warehouse in the heart of North Hobart, features include:

* Enhanced exposure and vehicle access being opposite the junction with Worley Street
* Warehouse (340m approx) incorporating office-display area plus mezzanine storage (125m2 approx)
* On site parking (2 spaces)
* A long standing tenant now on a monthly tenancy offers opportunities to owner-occupy or negotiate a new lease
* Potential for residential conversion subject to Council approval

Offered subject to the existing monthly tenancy 18 Wellington Street represents a rare opportunity for owner-occupiers, investors and developers.

Raine & Horne Hobart has been instructed by the Vendor to offer the property For Sale by Private Treaty.

Price: $620,000 exclusive of GST.

North Hobart, 7000 demographic data

The median household income for North Hobart is $1,823, 18% higher than Greater Hobart's household income of $1,542. North Hobart 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 North Hobart have a mortgage.

2,600

Population

$1,823 per week

Median household income

35 years

Median age

Renters

Most residents

Families

Most households