96-98 Grove Road
Glenorchy TAS 7010
- 40 Parks
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Dual title, high exposure opportunity suiting owner occupiers, developers and investors
Elders Commercial is pleased to present for sale 96 - 98 Grove Road, Glenorchy - an exceptional industrial opportunity within one of Southern Tasmania’s most tightly held precincts.Comprising two adjoining titles with a combined land area of 4,958 sqm*, the offering includes a functional warehouse and office facility with upgraded infrastructure, expansive hardstand, and 40* on-site car parks, alongside a vacant allotment primed for future development. Available individually or in one line, the site provides unmatched flexibility for owner-occupiers, investors or developers seeking a foothold in one of Hobart's core industrial locations.
Positioned on a prominent corner, the property benefits from multiple crossovers, dual street frontage, and seamless access to Brooker Highway and the Hobart CBD.
Key Features:
• Total landholding: 4,958 sqm* across two Light Industrial-zoned titles
• 950 sqm* warehouse with quality improvements and rear yard
• Holding income of $113,614 p.a.* with potential for uplift
• Flexible development or occupation potential, with Vacant Possession available with 3-months notice**
This is a rare opportunity to acquire industrial land and improvements in Hobart’s northern corridor - with immediate income and significant long-term upside. Prospective purchasers are encouraged to review the opportunity to buy individually or in one line.
For further information or to arrange a private inspection, please contact George Burbury 0408 333 523 or Liam Coyle 0407 868 370.
*approx
**Subject to execution of the lease variation
Features
General Features
- Land Area: 4,958sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 950sqm
- Zoning: Light Industrial
- Car Spaces: 40
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