46 Mornington Road Mornington TAS 7018

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