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Ray White Commercial Tasmania

8 Percy Street Bellerive, TAS 7018

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8 Percy Street,
Bellerive, TAS 7018

Warehouse, Factory & Industrial • Shops & Retail • Offices

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

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Ray White Commercial Tasmania
Claude Alcorso
Trevor Fox

Ray White Commercial Tasmania

141 Murray Street
HOBART, TAS 7000
Ray White Commercial Tasmania
8 Percy Street
Bellerive, TAS 7018

Map of 8 Percy Street

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Multi-tenanted, mixed-use investment, with strong rental growth

  • Tightly held commercial precinct
  • Strong rental growth
  • Substantial, Two-storey Building
RWC Tasmania is pleased to offer to the market for sale 8 Percy Street, Bellerive, a high quality multi-tenanted commercial investment, with huge upside.

Positioned in the heart of Bellerive's tightly held commercial precinct, the property offers a rare opportunity to secure space in one of the Eastern Shore's most in-demand locations. Surrounded by A-grade amenity, including cafés, retail, professional services, and public transport, opportunities of this calibre in Bellerive are exceptionally scarce, making this a strategic move for occupiers or investors alike.

Key Investment Highlights:
+Substantial 1,739sqm* allotment, in the Eastern Shore commercial precinct
+Net Passing Income: $134,512* + GST
+Diversified income streams, with scope for significant rental growth
+Currently occupied by 17* tenants with one vacancy offering immediate upside
+Zoning: 'General Business' under the Tasmanian Planning Scheme - Clarence
+Purchase well below replacement cost
+11* on-site allocated car parks
+Significant re-positioning or re-development capabilities.
+Surrounded by key infrastructure: Ninja Stadium, Bellerive Quay Complex, Eastlands Shopping Centre, Dan Murphy's and multiple strong local businesses.

If you're seeking a low maintenance, high quality, mixed-use commercial investment in a proven and high-demand location, 8 Percy Street is an opportunity not to be missed.

Additional information

Bellerive, 7018 demographic data

The median household income for Bellerive is $1,461, 5% lower than Greater Hobart's household income of $1,542. Bellerive has an older age profile compared to the rest of Greater Hobart (median age 44 vs 39). Property ownership data shows 37% of property owners in Bellerive have a mortgage.

4,945
Population
$1,461 per week
Median household income
44 years
Median age
Owners
Most residents
Families
Most households

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