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Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

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Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

Glenorchy

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Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

Glenorchy

SOLD
Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

Properties / Sold / Tasmania / Glenorchy
Tenanted Investment
Selling Method
Sale by Negotiation
Selling Details
$5,350,000
Land Area
8,492 m² (*approx)
Floor Area
3448 m² (*approx)
Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Est. Income
$332,727 p/a
Zone
Light Industrial
Show All
Strong Income, Secure Lease – Premium Location
  • Net Income: $342,709pa* as at 31 July 25
  • 3.50 Year WALE with options to 2033
  • Greater of 3% or CPI annual increases

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: $342,709* pa** as at 31 July 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

Read More
Tenanted Investment
Tenanted Investment

94 Grove Road Investment Summary

Property Type
Industrial
Sub-type
Office/Warehouse, Warehouse Showroom
Est. Income
$332,727 p/a
Wale
3.5 years
Land Area
8,492 m² (*approx)
Floor Area
3448 m² (*approx)
Zone
Light Industrial
Selling Method
Sale by Negotiation
Selling Details
$5,350,000

Investment Highlights

Strong Income, Secure Lease – Premium Location
  • Net Income: $342,709pa* as at 31 July 25
  • 3.50 Year WALE with options to 2033
  • Greater of 3% or CPI annual increases

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: $342,709* pa** as at 31 July 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

Read More

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Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

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Property Location of Unit 1, 94 Grove Road, Glenorchy, TAS, 7010

Property Map
Unit 1, 94 Grove Road, Glenorchy, TAS, 7010 Glenorchy
Elders Tasmania
Elders Tasmania
5 Victoria Street, Hobart, Tasmania, Australia, 7000
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