85 Channel Highway,
Kingston, TAS 7050
Shops & Retail • Offices • Development Sites & Land
Key property information
Land area
Floor area
Parking info
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Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
03 6220 69...
85 Channel Highway
Kingston, TAS 7050
Map of 85 Channel Highway
Flexible, highway fronting commercial asset
- Future development potential (STCA)
- Zoned: 'Inner Residential'
- Invest, Owner occupy or develop
We are pleased to offer for sale on an exclusive basis this versatile and well-presented property, located in tightly held Kingston commercial precinct, fronting busy Channel Highway.
The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.
The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.
The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.
The location has a favourable ‘inner residential’ zoning, with a total area of 727sqm* providing fantastic development scope to capitalise on Tasmania’s housing shortage.
The building comprises an open plan retail area, three offices, various storage areas, amenities and 6 off-street parking spaces, with a gross building area of 152sqm*.
The property is currently occupied by long term tenant ‘Bunches Florist’ with the lease expiring 31st August 2025 and a passing net income of $29,083 per annum* + GST and no further options, appealing to investors, future owner occupiers and residential developers.
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
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
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