We are offering for sale an industrial warehouse/workshop with substantial high-quality offices, located in the tightly held Derwent Park business, showroom, and industrial precinct, 6* kilometers north of Hobarts CBD.

The property has two main buildings:

1. Rear Warehouse/Workshop of approximately 400 sqm* with ancillary kitchenette/office.

2. Front Office building which comprises of substantial high-quality offices, with small warehouse and adjoining workshop with a gross building area of 412 sqm*

3. Parking and Hardstand: Ample parking and hardstand space is available on-site

Currently, the site is occupied by two tenants with a total net passing income of $85,307 + outgoings & GST, summarised below:

• Cooke & Dowsett: They occupy the fronting office building and warehouse on Gormanston Road under a month-by-month arrangement.

• Gardenstar Sheds & Aviaries: They occupy the rear warehouse on a similar month-by-month agreement.

Given the rarity of assets of this calibre, both owner-occupiers and investors should seriously consider this opportunity due to the A-grade location, flexible lease structures, and value-adding potential, making it an attractive investment for all.