Elders Commercial is proud to present for sale 141–147 Main Road, Moonah - a generational investment opportunity in one of Hobart’s most sought-after commercial corridors. Anchored by two ASX-listed giants - The Good Guys (part of JB Hi Fi Group, ASX:JBH) and Burson Auto Parts (ASX:BAP) - this high-performing LFR asset is underpinned by exceptional covenant strength and proven tenant performance. JB Hi Fi Group reported $10.55 billion in sales in FY25, while Burson’s parent company Bapcor recorded $2.04 billion in revenue, reinforcing the security and stability of this offering.
Positioned on a 5,438 sqm* landholding with 80m* of street frontage, the offering is fully leased to three quality tenants including long-standing local operator Giffards Floorworld. With net lease structures, 100% statutory outgoing recoveries, market rent review upside, and surging demand for showroom stock in Moonah’s bulky goods strip, this asset represents a rare opportunity to acquire a premium, income-producing investment in a constrained and high-demand market.
Key Highlights
• Anchored by The Good Guys (over 100 stores nationally) and Burson Auto Parts (over 220 stores nationally)
• WALE of 3.56 years (by income) across four net lease agreements
• 100% of statutory outgoings recovered, plus partial building insurance recovery
• Rental growth potential via upcoming market reviews for Bursons Auto Parts and Giffards
• Significant 5,438 sqm* site with 80m* frontage to Main Road, Moonah
• Majority of the building is modern, tilt-panel construction completed circa 2012
• Located in a high-demand bulky goods precinct with limited competing stock
• Estimated net income of $943,084 p.a. + GST*
For Sale by Expressions of Interest closing Thursday 6 November 2025 at 4:00pm AEDT
For further information or to arrange an inspection please contact George Burbury or James Black.
Remember to mention you found this property on CommercialReady
Elders Commercial is proud to present for sale 141–147 Main Road, Moonah - a generational investment opportunity in one of Hobart’s most sought-after commercial corridors. Anchored by two ASX-listed giants - The Good Guys (part of JB Hi Fi Group, ASX:JBH) and Burson Auto Parts (ASX:BAP) - this high-performing LFR asset is underpinned by exceptional covenant strength and proven tenant performance. JB Hi Fi Group reported $10.55 billion in sales in FY25, while Burson’s parent company Bapcor recorded $2.04 billion in revenue, reinforcing the security and stability of this offering.
Positioned on a 5,438 sqm* landholding with 80m* of street frontage, the offering is fully leased to three quality tenants including long-standing local operator Giffards Floorworld. With net lease structures, 100% statutory outgoing recoveries, market rent review upside, and surging demand for showroom stock in Moonah’s bulky goods strip, this asset represents a rare opportunity to acquire a premium, income-producing investment in a constrained and high-demand market.
Key Highlights
• Anchored by The Good Guys (over 100 stores nationally) and Burson Auto Parts (over 220 stores nationally)
• WALE of 3.56 years (by income) across four net lease agreements
• 100% of statutory outgoings recovered, plus partial building insurance recovery
• Rental growth potential via upcoming market reviews for Bursons Auto Parts and Giffards
• Significant 5,438 sqm* site with 80m* frontage to Main Road, Moonah
• Majority of the building is modern, tilt-panel construction completed circa 2012
• Located in a high-demand bulky goods precinct with limited competing stock
• Estimated net income of $943,084 p.a. + GST*
For Sale by Expressions of Interest closing Thursday 6 November 2025 at 4:00pm AEDT
For further information or to arrange an inspection please contact George Burbury or James Black.
Remember to mention you found this property on CommercialReady