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
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