5-15 Pearl Street,
Derwent Park, TAS 7009
Warehouse, Factory & Industrial
Price information
Sold
$2,200,000
Key property information
Floor area
Tenure type
Sold on
Map of 5-15 Pearl Street
FULLY LEASED INDUSTRIAL INVESTMENT NET YIELD 8% APPROX.
SUBSTANTIAL DERWENT PARK SITE OF 4,331M2
This property benefits from frontage to both Derwent Park Road and Pearl Street and comprises four separate tenancies providing showroom, office, warehousing and yard areas. Major tenant is National entity Hills Limited occupying a recently constructed facility. The property provides scope for value enhancement through further development. Key features include:
- Total NLA of 2533m2 approx
- Zoned Light Industry (Pearl St) and Commercial (Derwent Park Rd)
- Tenants pay majority of outgoings
- Approximate net income of $175,000 per annum
The property is For Sale - Offers Over $2.2M. Full details available on request.
This property benefits from frontage to both Derwent Park Road and Pearl Street and comprises four separate tenancies providing showroom, office, warehousing and yard areas. Major tenant is National entity Hills Limited occupying a recently constructed facility. The property provides scope for value enhancement through further development. Key features include:
- Total NLA of 2533m2 approx
- Zoned Light Industry (Pearl St) and Commercial (Derwent Park Rd)
- Tenants pay majority of outgoings
- Approximate net income of $175,000 per annum
The property is For Sale - Offers Over $2.2M. Full details available on request.
Property ID: 502005310Last Updated: 17 Oct 2017
03 6238 48...
5-15 Pearl Street
Derwent Park, TAS 7009
Devine Property - HOBART119 Harrington St
HOBART, TAS 7000
HOBART, TAS 7000
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