110 Mornington Road,
Mornington, TAS 7018

Mornington Road is the main thoroughfare carrying two way traffic into and out of the Mornington Industrial Estate, some 6 kilometres from the Hobart CBD via the Tasman Bridge and Tasman Highway.

The Mornington Industrial Estate has over recent years been almost fully developed, with existing developments enjoying minimal vacancies. In terms of market demand, the area is probably second only to the tightly held traditional commercial/industrial precincts of Derwent Park and Glenorchy.

Surrounding properties are a mix of showroom, warehouse and factory premises, most developed over the last 10 - 15 years.

Major improvements consist of two conjoined but separate buildings constructed circa 1982.

The buildings are of brick and/or concrete block construction, with concrete floor, and colourbond or metal deck roof. Office areas are mostly lined with plaster sheet.

The buildings are fairly typical, non-specialised structures providing clear span warehouse or workshop space together with ancillary offices and amenities.

Building services include reverse cycle heat pumps in the office areas, fluorescent light fittings, basic fire fighting equipment, and three phase power.

Accommodation is summarised as follows:
Front Building :
Front reception and office area, warehouse/workshop, male and female toilets, lunch room. Gross building area 497m approximately.
Rear Building Warehouse/workshop with internal office/reception, second partitioned office, male and female toilets, lunch room, mezzanine area with one office and small storage area. Gross building area 321m plus mezzanine 14m.

Other improvements on the site include
1. freestanding garage building of 44 square metres approximately
2. vehicle wash bay
3. extensive concrete hardstand, driveway and vehicle parking
4. wire mesh perimeter fencing.

The property is offered subject to three existing tenancies which occupy the entire property except for a surplus area of land at the rear which is offered with vacant possession.

The property generates a passing income of $70,614 clear of GST, and with the tenants also reimbursing 100% of rates and land tax.

Copies of leases are available for inspection on request.

The surplus land at the rear is accessed by the existing concrete driveway, and contains an area of approximately 1,200 square metres (32 metres x 38 metres or thereabouts).