11a Gant Street
Lenah Valley TAS 7008
- 48 Parks
EOI closing 5th March 2026 at 4pm (AEDT)
Medical Asset - Double Net 10+10 year lease
Elders Commercial is pleased present to the market this substantial and high quality healthcare asset, 11a Gant Street, Lenah Valley, Tasmania.The property is positioned in a highly strategic and accessible location only approximately 600 metres from the Calvary Hospital in the inner Hobart suburb of Lenah Valley, approximately 4 kilometres north west of Hobart's city centre.
The property was substantially re-developed circa 2011 into a modern, high quality health care facility and is complimented by 48 car parking bays and extensive outdoor areas.
It is being sold subject to a 10+10 year leaseback at a commencing net rental of $425,900* plus GST to leading Tasmanian disability services provider, St.Giles who was established in 1937.
This high quality healthcare investment offers secure long term income underpinned by an essential service tenant. The property delivers strong fundamentals, including a modern fit out, and reliable cash flow supported by the growing demand for healthcare services
The asset provides investors with stability, resilience, and future upside in a sector known for consistent performance. It represents a rare opportunity to secure a dependable investment in one of the most robust and needs based industries.
Expressions of Interest closing 5th March 2026 at 4pm (AEDT).
Features
General Features
- Land Area: 6,114sqm
- Commercial Type: Medical/Consulting
- Building Area: 1,545sqm
- Zoning: General Residential
- Car Spaces: 48
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