46 Mornington Road
Mornington TAS 7018
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Multi-tenanted industrial asset in thriving commercial hub
Elders Commercial is pleased to offer this significant, multi-tenanted industrial site at 46 Mornington Road.46 Mornington Road is located on the Western side of Mornington Road, approximately 5 kms east of the Hobart CBD and 10 kms West of the Hobart International Airport.
Key highlights of the property include:
• Multiple industrial tenancies all on one title
• Diverse income stream, underpinned by strong net lease to successful local building wholesaler on 3% fixed increases, options to 2052
• Tenant paying all statutory outgoings including land tax
• Corner site on 8,094 sqm* of land, GLA of 3,689 sqm*, complimented by 30+* car parks
• Vacant rear warehousing suitable for both large and small occupiers in a low industrial vacancy environment
• Dual access from Mornington Road and Depot Road, making for simple vehicle movements
• Proximity to Tasman highway and main arterial roads
• Located in Hobart, Tasmania’s capital with population of 250,000+* and leading the nation in key economic drivers
• Flexible light industrial zoning
Close to other major trade showroom type uses: Bunnings, Reece Plumbing, Australia Post, Repco, Nubco & Blue Scope Steel.
The property is for sale by expressions of interest closing Thursday 7th November 2024 at 4pm (AEDT).
*Approximately
Features
General Features
- Land Area: 8,094sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 3,689sqm
- Zoning: Light Industrial
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