9/9A Lampton AvenueDerwent Park TAS 7009
Property Details for 9/9a Lampton Ave, Derwent Park
Last Listing description (November 2023)
Knight Frank is excited to present 9 & 9A Lampton Avenue, Derwent Park which sit across two titles and are being offered for sale together or separately.
The properties are located in one of Hobart's most tightly held industrial precincts and have fantastic access and exposure from Lampton Avenue. The 4,269 sqm* site comprises two warehouses which occupy only around 23% of the entire site, enabling scope for future development and income growth.
9 Lampton (front) is leased to All Tasmanian Towing while 9A Lampton (rear) is leased to Burke mechanical repairs which both have lease flexibility in early 2026 and a current combined net income of $167,648 pa + GST. This opportunity should be considered by all astute investors and future owner occupiers.
*Approx
For Sale by Expression of Interest closing 7 December 2023 at 4pm (AEDT)
Property History for 9/9a Lampton Ave, Derwent Park, TAS 7009
- 09 Nov 2023Listed for Sale Contact Agents
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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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