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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249

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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249

Youngtown

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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249
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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249

Youngtown

Enquire now
242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249
Properties / Buy / Tasmania / Youngtown
Tenanted Investment
Selling Method
EOI
Selling Details
Contact Agent
Land Area
11,972 m² (*approx)
Floor Area
2150 m² (*approx)
Property Type
Retail
Sub-type
Mixed Use
Terms
10 Year Lease
Est. Income
$629,530 p/a
Fully Leased
Tas Trucks
Zone
Commercial
Show All
Secure 10 Year Lease | Premium Corner Site | Development Upside
  • Secure Long-Term Income
  • Compounding Rental Growth
  • Development Upside + Holding Income

Elders Commercial is pleased to present an outstanding large format retail investment securely leased to Tas Trucks and offering the rare combination of long-term income security and genuine development upside.

+ 10 Year Lease to Tas Trucks to 2035 plus one (1) further five (5) year option through to 2040, currently returning a total net income of $629,530 pa + GST + Outgoings

+ Annual rental increases are the greater of 3% or CPI, ensuring long term compounding income growth

+ Landlord favorable net lease terms with tenant responsible for usual outgoings including single holding land tax and building insurance.

+ Commanding 11,972 sqm* corner freehold landholding at the intersection of Hobart Road and Kings Meadows Link

+ Recently refurbished and extended building, comprising approximately 2,150 sqm* of lettable area with a good mix of showroom, workshop, storage and office accommodation with extensive Hardstand fronting the Kings Meadows Link Road, upgraded in 2024

+ Development Approval over 1,248 sqm* of surplus land for a 493 sqm* showroom/warehouse, with a two-year leaseback at $70,000 p.a. + GST providing holding income during the development period.

Please contact one of the listing agents for more information or to arrange a site inspection.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

242 & 246 - 250 Hobart Road Investment Summary

Property Type
Retail
Sub-type
Mixed Use
Est. Income
$629,530 p/a
Number Of Tenants
1
Tenant
Tas Trucks
Terms
10 Year Lease
Land Area
11,972 m² (*approx)
Floor Area
2150 m² (*approx)
Zone
Commercial
Selling Method
EOI
EOI Closing Date
5 Nov 2026 04:00PM
Add to calendar
Selling Details
Contact Agent

Investment Highlights

Secure 10 Year Lease | Premium Corner Site | Development Upside
  • Secure Long-Term Income
  • Compounding Rental Growth
  • Development Upside + Holding Income

Elders Commercial is pleased to present an outstanding large format retail investment securely leased to Tas Trucks and offering the rare combination of long-term income security and genuine development upside.

+ 10 Year Lease to Tas Trucks to 2035 plus one (1) further five (5) year option through to 2040, currently returning a total net income of $629,530 pa + GST + Outgoings

+ Annual rental increases are the greater of 3% or CPI, ensuring long term compounding income growth

+ Landlord favorable net lease terms with tenant responsible for usual outgoings including single holding land tax and building insurance.

+ Commanding 11,972 sqm* corner freehold landholding at the intersection of Hobart Road and Kings Meadows Link

+ Recently refurbished and extended building, comprising approximately 2,150 sqm* of lettable area with a good mix of showroom, workshop, storage and office accommodation with extensive Hardstand fronting the Kings Meadows Link Road, upgraded in 2024

+ Development Approval over 1,248 sqm* of surplus land for a 493 sqm* showroom/warehouse, with a two-year leaseback at $70,000 p.a. + GST providing holding income during the development period.

Please contact one of the listing agents for more information or to arrange a site inspection.

*Approximate

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
David Webster
David Webster
+61 *** *** *** show +61 419 516 629
Message
+61 419 516 629 [email protected] Message
Cale Ayres
Cale Ayres
+61 *** *** *** show +61 439 358 094
Message
+61 439 358 094 [email protected] Message

Download Development Site Report
David Webster
David Webster
+61 *** *** *** show +61 419 516 629
Message
+61 419 516 629 [email protected] Message
Cale Ayres
Cale Ayres
+61 *** *** *** show +61 439 358 094
Message
+61 439 358 094 [email protected] Message

Property Location of 242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249

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Youngtown Suburb Demographics About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249

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242 & 246 - 250 Hobart Road, Youngtown, TAS, 7249 Youngtown
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Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, Tasmania, Australia, 7000
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David Webster
David Webster
+61 *** *** *** show +61 419 516 629
Cale Ayres
Cale Ayres
+61 *** *** *** show +61 439 358 094
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