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Elders Real Estate - Hobart

26 Mertonvale Circuit Kingston, TAS 7050

Directions

26 Mertonvale Circuit,
Kingston, TAS 7050

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Car spaces

Property extent

Zoning

Tenure type

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Elders Real Estate - Hobart
Richard Steedman
Liam Coyle

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
Elders Real Estate - Hobart
26 Mertonvale Circuit
Kingston, TAS 7050

Map of 26 Mertonvale Circuit

Directions

Rare Mertonvale Circuit Opportunity

  • Tightly held precinct
  • Rental growth potential
  • Future owner occupation
Elders Commercial has the exclusive opportunity to offer for sale 26 Mertonvale Circuit, Kingston.

The property is situated within the tightly held and well established, mixed use Mertonvale precinct of Kingston, approximately 14 kilometres south of Hobart's CBD with easy access from the Southern Outlet and the Channel Highway and within Hobart's growth corridor.

Key highlights of the property include:

* Strategic and popular location with good street profile and access to greater Hobart's arterial road network.

* Site area of 2,262* sqm with a flexible "Commercial" zoning.

* Fully leased to long term national tenant, D&W Electrical at a current Gross Rental of $85,427 pa + GST. with good rental growth potential and a lease expiry of 31 August 2026.

* Improvements comprises a highly flexible mixed showroom and warehouse building with ancillary offices and amenities.

* Car parking for approx. 10 cars at the street frontage.

* Surplus land/hardstand area at the rear.

Kingston, 7050 demographic data

The median household income for Kingston is $1,517, 2% lower than Greater Hobart's household income of $1,542. Kingston has a younger age profile compared to the rest of Greater Hobart (median age 36 vs 39). Property ownership data shows 50% of property owners in Kingston have a mortgage.

12,288
Population
$1,517 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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