10 Derwent Park RoadDerwent Park TAS 7009
Property Details for 10 Derwent Park Rd, Derwent Park
Last Listing description (January 2019)
The property provides a rare opportunity to acquire a landmark property of substantial proportions that is strategically located within the centre of Hobart s preferred showroom precinct.
- Fully leased retail complex with a long WALE of approximately 9 years.
- Strong lease covenants to national tenants Supercheap Auto, RSEA, Baby Bunting, and market leading Tasmanian automotive company Jackson Motor Company (JMC).
- Landmark property situated in the heart of Hobart s preferred showroom precinct of Derwent Park with an abundance of national retailers within proximity.
- The property has an extensive frontage to Derwent Park Road at approximately 66.69 metres and has a significant site area of 1.758 hectares and is zoned Commercial .
- The property presents as new with an extensive redevelopment nearing complete.
- The property has a building area of approximately 6,453 sqm and extensive car parking.
- Confidence in Hobart s economy has never been better as it transitions into a more vibrant and progressive region providing great opportunity.
Property History for 10 Derwent Park Rd, Derwent Park, TAS 7009
- 01 Nov 2018Sold for $15,500,000
- 12 Jul 2018Listed for Sale For Sale by Offer
- 23 Dec 2016Sold for $6,000,000
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About Derwent Park 7009
The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of total area. The population of Derwent Park in 2011 was 619 people. By 2016 the population was 644 showing a population growth of 4.0% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation. In 2011, 54.6% of the homes in Derwent Park were owner-occupied compared with 60.1% in 2016.
Derwent Park has 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 38.26% increase in median value, while Units have seen a 49.48% increase. As at 31 October 2024:
- The median value for Houses in Derwent Park is $530,691 while the median value for Units is $491,659.
- Houses have a median rent of $500.
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