98 Mornington Road,
Mornington, TAS 7018
Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail
Price information
Sold
Contact Agent
Key property information
Floor area
Zoning
Tenure type
Sold on
Elders Real Estate - Hobart
5 Victoria StreetHOBART, TAS 7000
98 Mornington Road
Mornington, TAS 7018
Map of 98 Mornington Road
Fantastic Freehold Investment Leased to National Operator PETstock
- PETstock - majority owned by Woolworths
- Net annual income of $63,127
- GLA: 750 sqm*
Elders Commercial is pleased to offer this highly sought after tenanted investment, leased by national consumer goods giant PETstock.
Majority owned by ASX listed supermarket operator Woolworths Group, PETstock is one of the few players operating in the $10 billion pet sector and currently operate out of 272 stores across the country.
PETstock fully occupy the site and pay net annual rent of $63,127 plus all statutory outgoings including land tax. The lease expires in June 2026, with options through to 2050 supported by annual CPI increases.
750 sqm* of industrial improvements occupy the 1,396 sqm site with 10 car parks situated at the site entrance.
Located in proximity to 98 Mornington Road are major tenants including Bunnings, Mitre 10, Repco, Bluescope Steele, Reece Plumbing and Australia Post. Mornington – a thriving industrial and commercial precinct just 8kms from the Hobart CBD.
For Sale by Expressions of Interest closing Thursday 31 October 2024 at 4pm (AEDT).
Majority owned by ASX listed supermarket operator Woolworths Group, PETstock is one of the few players operating in the $10 billion pet sector and currently operate out of 272 stores across the country.
PETstock fully occupy the site and pay net annual rent of $63,127 plus all statutory outgoings including land tax. The lease expires in June 2026, with options through to 2050 supported by annual CPI increases.
750 sqm* of industrial improvements occupy the 1,396 sqm site with 10 car parks situated at the site entrance.
Located in proximity to 98 Mornington Road are major tenants including Bunnings, Mitre 10, Repco, Bluescope Steele, Reece Plumbing and Australia Post. Mornington – a thriving industrial and commercial precinct just 8kms from the Hobart CBD.
For Sale by Expressions of Interest closing Thursday 31 October 2024 at 4pm (AEDT).
Property ID: 504702756Last Updated: 10 Nov 2024
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
More properties from Elders Real Estate - Hobart
Other properties you might be interested in based on the location and property type you are looking at.
