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Ray White Commercial Tasmania

3/121 Mornington Road Mornington, TAS 7018

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3/121 Mornington Road,
Mornington, TAS 7018

Warehouse, Factory & Industrial

Key property information

Floor area

Car spaces

Zoning

Tenure type

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Ray White Commercial Tasmania
Trevor Fox
Tom Balcombe

Ray White Commercial Tasmania

141 Murray Street
HOBART, TAS 7000
Ray White Commercial Tasmania
3/121 Mornington Road
Mornington, TAS 7018

Map of 3/121 Mornington Road

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Fully Leased Industrial Warehouse with Abundance of Hardstand + Parking

  • Rare strata with ample hardstand
  • Leased until 2027 + options
  • Set and forget type investment
RWC Tasmania offers for sale this fully leased industrial investment in tightly held Mornington - a leading industrial precinct on Hobart's Eastern shore, located 6km* from the Hobart CBD.

Property Highlights:
• Warehouse Area: 360 sqm*
• Multiple Electric Roller Door Access Points
• Internal Clearance: 5 metres*
• Zoning: 'Light Industrial' Tasmanian Planning Scheme - Clarence
• Site Area: 1,003 sqm* with 10 on-site parks, plus ample on-site parking*
• Leased until April 2027 + option through to 2030
• Current Net Income: $69,134 plus outgoings and GST*

If you're seeking a passive, set and forget type investment with future upside and attractive lease fundamentals, please contact the undersigned agents.

*Approximately

Additional information

Mornington, 7018 demographic data

The median household income for Mornington is $1,423, 8% lower than Greater Hobart's household income of $1,542. Mornington has a younger age profile compared to the rest of Greater Hobart (median age 36 vs 39). Property ownership data shows 58% of property owners in Mornington have a mortgage.

2,469
Population
$1,423 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households

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