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63-69 Sunderland Street Derwent Park, TAS 7009

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63-69 Sunderland Street,
Derwent Park, TAS 7009

Warehouse, Factory & Industrial

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Map of 63-69 Sunderland Street

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PREMIUM INVESTMENT - NEW 5 YEAR LEASE

Raine & Horne Hobart is delighted to offer for sale a prestige industrial investment within the heart of Hobart's premier industrial precinct.

Comprising a State of the Art Equipment Hire Depot leased to Sherrin Hire Pty Ltd now trading as Boom Sherrin, the property represents a valuable high profile complex surrounded by new development.

Features include:

* High exposure corner site (2376m).
* Versatile low maintenance improvements with potential for further development.
* Convenient heavy vehicle access and vehicle flow through the property.
* Ample on site parking.
* New 5 year lease term to the sitting National tenant.
* Surrounded by National and leading local businesses.
* Significant long term annual building allowance available.

In short, the property is admirably suited to the critical property investor and incorporates many features essential to both the existing tenant and future alternative occupiers.

Raine and Horne Hobart have been instructed by the Vendor to offer the property For Sale by Private Treaty subject to the existing Lease.

PRICE: $1,700,000 Exclusive of GST.

Derwent Park, 7009 demographic data

The median household income for Derwent Park is $1,190, 23% lower than Greater Hobart's household income of $1,542. Derwent Park has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 43% of property owners in Derwent Park have a mortgage.

872
Population
$1,190 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
03 6231 00...
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63-69 Sunderland Street
Derwent Park, TAS 7009
Raine & Horne - Hobart
119 Harrington Street
HOBART, TAS 7000

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