97a Grove Road,
Glenorchy, TAS 7010
Warehouse, Factory & Industrial
Key property information
Land area
Floor area
Map of 97a Grove Road
Industrial Investment or Owner Occupy
Edwards Windsor are pleased to offer for sale a substantial industrial or manufacturing complex, located within an established industrial/commercial area of Glenorchy. The property is situated on the north-western side of Grove Road, approximately 100 metres from the junction with Main Road.
The principal building on the site is a large factory/warehouse facility (approximate area 1900 sqm) , with vehicular access via several roller doors and includes an office block and amenities.
At the Grove Road frontage is an additional office, administrative centre and a one bedroom flat.
The improvements are situated on a substantial site of 8,789 square metres, zoned Light Industrial.
The property is presently leased on a monthly basis, by four tenants returning an estimated net income of approximately $140,000 per annum. Lease details are available from the selling agent.
The opportunity exists to purchase the property as an investment and extend the existing leases or alternatively purchase the property with vacant possession and utilise as is or redevelop.
Call now to arrange an inspection.
The principal building on the site is a large factory/warehouse facility (approximate area 1900 sqm) , with vehicular access via several roller doors and includes an office block and amenities.
At the Grove Road frontage is an additional office, administrative centre and a one bedroom flat.
The improvements are situated on a substantial site of 8,789 square metres, zoned Light Industrial.
The property is presently leased on a monthly basis, by four tenants returning an estimated net income of approximately $140,000 per annum. Lease details are available from the selling agent.
The opportunity exists to purchase the property as an investment and extend the existing leases or alternatively purchase the property with vacant possession and utilise as is or redevelop.
Call now to arrange an inspection.
Glenorchy, 7010 demographic data
The median household income for Glenorchy is $1,143, 26% lower than Greater Hobart's household income of $1,542. Glenorchy has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 49% of property owners in Glenorchy have a mortgage.
12,013
Population
$1,143 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
03 6234 55...
97a Grove Road
Glenorchy, TAS 7010
Edwards Windsor - HobartLevel 2, 89 Brisbane Street
HOBART, TAS 7000
HOBART, TAS 7000
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