2 Haig Street
Lenah Valley TAS 7008
Expression of Interest
Attractive 10-year triple net lease
Elders Commercial is pleased to present an outstanding investment opportunity to the market comprising 128a Augusta Road and 2 Haig Street, Lenah Valley. These two properties are available for purchase individually or as a combined portfolio and will be sold subject to a secure 10-year leaseback to Hobart City Mission.Purpose-built and redeveloped to meet accessibility requirements, both properties are utilised for supported independent living, featuring level access, lifts, handrails, wide doorways, and fully accessible amenities.
• Situated in the highly sought-after residential suburb of Lenah Valley, 4* km north-west of Hobart CBD.
• Exceptional convenience, just 100* metres from Lenah Valley’s village precinct, offering a range of local amenities including grocery store, pharmacy, newsagent, bakery, cafés, and service station.
• Secure 10-year triple net leaseback to Hobart City Mission, commencing at $60,000 net per annum per property, with annual rent reviews to the greater of CPI or 3.0%.
• Set and forget, low-maintenance investment – triple net lease with the tenant responsible for all outgoings.
• Hobart City Mission is a well-established charitable organisation, serving Tasmania since 1852.
• 128a Augusta Road contains 6 bedrooms and 3 bathrooms with a building area of 230 sqm* whilst 2 Haig Street has 8 bedrooms 2 bathrooms plus a powder room and has a building area of 264 sqm*.
For sale by Expression of Interest closing Thursday, 11th December, 2025 at 4pm (AEDT).
For more information, please contact Richard Steedman 0408 559 046 or Todd Stevenson 0438 295 604.
*Approximate
Features
General Features
- Land Area: 1,019sqm
- Commercial Type: Offices
- Building Area: 494sqm
- Zoning: General Residential
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