34-38 Albert Road
Moonah TAS 7009
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High-Profile Corner Investment – Secure Net Lease to Nationally Recognised Retail Brand
Elders Commercial Tasmania is pleased to present to market an outstanding retail investment opportunity at 34–38 Albert Road, Moonah. This high-exposure freehold occupies a commanding corner position just 6 km* north of Hobart’s CBD and is leased by a nationally recognised tenant, Choices Flooring, on a new 7-year lease.Comprising an approximate NLA of 530 sqm*** across two levels including showroom, warehouse and mezzanine office, the building provides highly functional commercial accommodation, plus carparking.
This property is zoned ‘General Business’ under the Tasmanian Planning Scheme (Glenorchy LPS). It is located in Moonah's commercial area and is surrounded by major retailers, bulky goods operators, and service businesses.
Key Selling Points;
• 519 sqm* site on a prime corner location in central Moonah
• Occupied for over 30 years by a nationally recognised tenant, Choices Flooring, on a new 7-year lease term.
• 530sqm*** of NLA, comprising showroom, warehouse and mezzanine office
• 2 x 5 year options through to 2042
• Tenant pays all statutory outgoings, including Land Tax, Council Rates and Tas Water
• Excellent lease covenant with market review at exercise of option
• Zoned General Business, offering strong commercial versatility
• Surrounded by national occupiers including Woolworths, Harris Scarfe, CBA & Harvey Norman
• Just 6 km from the Hobart CBD*, with excellent arterial connectivity
• Net annual rental of $110,000 + GST**, with annual increases of 3.5%.
The property is for sale by Expressions of Interest closing Thursday 18th September 2025 at 4pm AEST
For further information or to arrange an inspection please contact the exclusive selling agents.
*Approximately
**Before owner outgoings
***Per the floorplan provided
Features
General Features
- Land Area: 519sqm
- Commercial Type: Retail
- Building Area: 530sqm
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