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Elders Commercial has the exclusive opportunity to offer for sale Unit 1, 94 Grove Road, Glenorchy, Tasmania.
The property is situated in a well-established mixed-use area, approximately 10 kilometres northwest of the Hobart CBD with excellent access via the Brooker Highway.
Key highlights of the property include:
+ Strategic location with a flexible light industrial zoning
+ National award-winning dealership - Tas Hino regional dealer of the year - President's Award
+ Proximity to Brooker Highway and main arterial road network
+ Large mixed-use main building with a gross lettable area of 2,674* sqm (1,488* sqm Showroom – 1,186* sqm Warehouse)
+ Ancillary workshop and store comprising an additional 774* sqm gross lettable area
+ 34* designated on-site parking spaces
+ Lease with Tas Trucks – Statewide transport and materials handling sector
+ Tenant locations in Greater Hobart, Launceston and Devonport servicing the entire State
+ 3.50* Yr WALE expiring 31-July-2028
+ 1 x 5 Yr option to July 2033
+ Greater of 3% or CPI annual increases
+ Net income: $332,727* pa**
The property is to be offered by Expressions of Interest closing 4pm (AEDT), Thursday, 13 March 2025.
Contact George Burbury or Cale Ayres to discuss further or arrange an inspection.
*Approximately
**Before owner outgoings
Remember to mention you found this property on CommercialReady
Elders Commercial has the exclusive opportunity to offer for sale Unit 1, 94 Grove Road, Glenorchy, Tasmania.
The property is situated in a well-established mixed-use area, approximately 10 kilometres northwest of the Hobart CBD with excellent access via the Brooker Highway.
Key highlights of the property include:
+ Strategic location with a flexible light industrial zoning
+ National award-winning dealership - Tas Hino regional dealer of the year - President's Award
+ Proximity to Brooker Highway and main arterial road network
+ Large mixed-use main building with a gross lettable area of 2,674* sqm (1,488* sqm Showroom – 1,186* sqm Warehouse)
+ Ancillary workshop and store comprising an additional 774* sqm gross lettable area
+ 34* designated on-site parking spaces
+ Lease with Tas Trucks – Statewide transport and materials handling sector
+ Tenant locations in Greater Hobart, Launceston and Devonport servicing the entire State
+ 3.50* Yr WALE expiring 31-July-2028
+ 1 x 5 Yr option to July 2033
+ Greater of 3% or CPI annual increases
+ Net income: $332,727* pa**
The property is to be offered by Expressions of Interest closing 4pm (AEDT), Thursday, 13 March 2025.
Contact George Burbury or Cale Ayres to discuss further or arrange an inspection.
*Approximately
**Before owner outgoings
Remember to mention you found this property on CommercialReady
Unit 1, 94 Grove Road, Glenorchy, TAS, 7010
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