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
Can I afford 96-98 Grove Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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