OFF MARKET

10 Sunmont Street
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 406m2
Land area: 4318m2
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Property Details for 10 Sunmont St, Derwent Park

Building Type
Commercial
Year Built
1995
Floor Size
406m2
Land Size
4318m2
Local Government
Glenorchy
Lot/Plan
22/37022

Last Listing description (November 2022)

Knight Frank is delighted to offer for sale this trophy industrial investment, leased to ASX Listed TasFoods Ltd on a new 7 year term with 2 x 5 year options.

This well located industrial cool store, warehouse, and office facility with future development potential^ presents well and comprises a building area of 392 sqm*, and an impressive waterfront land area of 4,318 sqm*.

The property is being sold with a 7-year leaseback with a net rent of $90,000 plus GST and the Tenant responsible for all outgoings and day to day repairs and maintenance, making this a fantastic option for the passive investor.

With the amount of underutilised land there is potential for development or expansion at lease end^, capitalising on the demand for industrial buildings in the Derwent Park area

Property History for 10 Sunmont St, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$1,820,000
17 Nov 2022
Listed for Rent
$958/w
05 Dec 2016
  • 17 Nov 2022
    Sold for $1,820,000
  • 12 Oct 2022
    Listed for Sale For Sale by Expressions of Interest
  • 13 May 2019
    Sold for $1,612,500
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