OFF MARKET

45 Lampton Avenue
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2844m2
Land area: 8247m2
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Property Details for 45 Lampton Ave, Derwent Park

Building Type
Commercial
Year Built
1951
Floor Size
2844m2
Land Size
8247m2
Local Government
Glenorchy
Lot/Plan
1/240628

Last Listing description (March 2010)

INDUSTRIAL WAREHOUSE / BAKERY FACILITY DERWENT PARK
PROPERTY OVERVIEW:
THE PROPERTY COMPRISES AN INDUSTRIAL BAKING FACILITY WITH ASSOCIATED OFFICES, WAREHOUSE AND DISPATCH FACILITIES. THE SITE IS UNDERDEVELOPED, WITH A SITE COVERAGE OF 34.2% (APPROX).

PROPERTY LOCATION:
THE PROPERTY IS LOCATED IN THE PRIME INDUSTRIAL AREA OF DERWENT PARK, APPROXIMATELY 7KM???S NORTH WEST OF THE HOBART CBD. THE SITE ENJOYS EXCELLENT EXPOSURE, AND GOOD ACCESS TO MAJOR ROADS SUCH AS THE BROOKER HIGHWAY AND MAIN ROAD, DERWENT PARK.
GROSS LETTABLE AREA:
2,844M?? (SUBJECT TO SURVEY).
SITE AREA:
8,248M?? (SUBJECT TO SURVEY).
LEASE DETAILS:
NET RENT - APPROX $191,383.20 PER ANNUM
LEASE TERMS - 12 YEARS PLUS 2 X 6 YEAR OPTION PERIOD.
RENT REVIEWS - 3% PER ANNUM
MARKET REVIEW - 7 YEARS
FOR SALE BY NEGOTIATION, CONTACT JOHN BARWICK - 0438 279 089

Property History for 45 Lampton Ave, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$1,807,290
25 Aug 1997
  • 28 Feb 2009
    Listed for Sale FOR SALE BY NEGOTIATION
  • 25 Aug 1997
    Sold for $1,807,290
  • 16 Jun 1995
    Sold for $700,000

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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.
There are currently 6 properties listed for sale, and 2 properties listed for rent in Derwent park on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Derwent park.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.