3 Whitestone Drive,
Granton, TAS 7030
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Tenure type
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
3 Whitestone Drive
Granton, TAS 7030
Map of 3 Whitestone Drive
Income Strong, Future Development Site
- ASX listed tenant Downer EDI
- $236,095 net annual income
- Land Size: 18,700m2*
Knight Frank is pleased to offer to market for sale 3 Whitestone Drive, Granton – a future industrial development site with significant holding income.
3 Whitestone Drive is conveniently located on the Western side of the River Derwent, just South of the Bridgewater Bridge and with excellent access to the Brooker Highway.
Significant office and warehouse improvements compliment the level site and provide plenty of options for future development. The key property attributes are as follows:
• Leased to Downer EDI (EDI: ASX listed) until September 2024 with options until 2030
• Significant holding income of $236,095 pa* with tenant paying all statutory outgoings
• 18,700 m2* of ‘light industrial’ land low site density allowing for flexibility in future development
• 890 m2* of quality office space, which could be split into multiple tenancies (STCA)
• 3 stand-alone warehouses totaling 750 m2*
• Minimal site coverage
• 30+ car parks to support office use
• Multiple cross overs providing fantastic access points for industrial use
• Hardstand improvements across the majority of site
Very rarely do you see a development site with significant net income. Please contact the selling agents for more information regarding the offering.
For Sale by Expressions of Interest closing Thursday, 9 May 2024 at 4pm (AEST)
*Approximately
3 Whitestone Drive is conveniently located on the Western side of the River Derwent, just South of the Bridgewater Bridge and with excellent access to the Brooker Highway.
Significant office and warehouse improvements compliment the level site and provide plenty of options for future development. The key property attributes are as follows:
• Leased to Downer EDI (EDI: ASX listed) until September 2024 with options until 2030
• Significant holding income of $236,095 pa* with tenant paying all statutory outgoings
• 18,700 m2* of ‘light industrial’ land low site density allowing for flexibility in future development
• 890 m2* of quality office space, which could be split into multiple tenancies (STCA)
• 3 stand-alone warehouses totaling 750 m2*
• Minimal site coverage
• 30+ car parks to support office use
• Multiple cross overs providing fantastic access points for industrial use
• Hardstand improvements across the majority of site
Very rarely do you see a development site with significant net income. Please contact the selling agents for more information regarding the offering.
For Sale by Expressions of Interest closing Thursday, 9 May 2024 at 4pm (AEST)
*Approximately
Granton, 7030 demographic data
The median household income for Granton is $2,100, 36% higher than Greater Hobart's household income of $1,542. Granton has an older age profile compared to the rest of Greater Hobart (median age 40 vs 39). Property ownership data shows 61% of property owners in Granton have a mortgage.
1,903
Population
$2,100 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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