Share this property
Elders Real Estate - Hobart

98 Gormanston Road Derwent Park, TAS 7009


98 Gormanston Road,
Derwent Park, TAS 7009

Warehouse, Factory & Industrial

Price information


Contact Agent

Key property information

Land area

Floor area


Tenure type

Sold on

Elders Real Estate - Hobart
Trevor Fox
Claude Alcorso

Elders Real Estate - Hobart

5 Victoria Street
Elders Real Estate - Hobart
98 Gormanston Road
Derwent Park, TAS 7009

Map of 98 Gormanston Road


Rare Derwent Park warehouse with offices - owner occupy or invest

  • Tightly held Northern suburbs precinct
  • Flexible lease structures
  • Immediate rental uplift
We are offering for sale an industrial warehouse/workshop with substantial high-quality offices, located in the tightly held Derwent Park business, showroom, and industrial precinct, 6* kilometers north of Hobarts CBD.

The property has two main buildings:

1. Rear Warehouse/Workshop of approximately 400 sqm* with ancillary kitchenette/office.

2. Front Office building which comprises of substantial high-quality offices, with small warehouse and adjoining workshop with a gross building area of 412 sqm*

3. Parking and Hardstand: Ample parking and hardstand space is available on-site

Currently, the site is occupied by two tenants with a total net passing income of $85,307 + outgoings & GST, summarised below:

• Cooke & Dowsett: They occupy the fronting office building and warehouse on Gormanston Road under a month-by-month arrangement.

• Gardenstar Sheds & Aviaries: They occupy the rear warehouse on a similar month-by-month agreement.

Given the rarity of assets of this calibre, both owner-occupiers and investors should seriously consider this opportunity due to the A-grade location, flexible lease structures, and value-adding potential, making it an attractive investment for all.

Property ID: 504511656Last Updated: 17 Apr 2024

progress tick

Sending email...

Make an enquiry

What's your enquiry about?


Enter your details

Name (required)
Email address (required)
Phone number

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

More properties from Elders Real Estate - Hobart

Other properties you might be interested in based on the location and property type you are looking at.