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2. Property Highlights

Significant corner site leased to international retailer
  • Attractive 3.25% annual increases
  • Land area: 2,519 sqm*
  • Gross lettable area: 2,182 sqm*

Knight Frank are delighted to offer to market a substantial retail and showroom site in Hobart’s Northern suburbs commercial precinct.

24-28 Main Road Moonah is a significant corner site on one of Hobart's most frequented thoroughfares and incorporates 105m* of street frontage, perfect for retail use and provides flexibility for several future uses. The premises provides a gross lettable area of 2,182 sqm* of ground floor retail and first floor mezzanine storage, on land area of 2,519 sqm*.

The site is leased to Early Settler who pay a net annual rent of $490,438 per annum and have a remaining lease term of 4 years with a further 5-year option. Over the last 37 plus years Early Settler has grown to 60 stores operating throughout Australia and New Zealand with a turnover in excess of AUD$150 million.

*Approximate

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3. Property Location

24 - 28 Main Road, Moonah, TAS, 7009

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4. Due Diligence

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