8 Birdwood AvenueMoonah TAS 7009
Property Details for 8 Birdwood Ave, Moonah
Last Listing description (November 2023)
Knight Frank is delighted to market on an exclusive basis a significant long term industrial investment at 8 Birdwood Avenue, Moonah.
The property is located in the heart of Hobart's preferred industrial precinct in Moonah/Derwent Park, in between Harvey Norman, TasWater, St Johns Ambulance and Clennett's Mitre 10 with easy access to Main Rd and the Brooker Highway.
The property boasts a gross building area of 4,600 sqm* across a two storey standalone office building and separate warehouse sitting on a land parcel of 10,092 sqm*. The office is fully let to Spectran Group on a 5+5+5 year term while the newly built warehouse is occupied by Oak Industries on a 10+5+5 year term providing a secure long term investment. The total net income on the asset is $683,025* with the tenants paying all statutory outgoings and building insurance.
Property History for 8 Birdwood Ave, Moonah, TAS 7009
- 15 Mar 2024Sold for $9,700,000
- 13 Sep 2023Listed for Sale Contact Agent
- 23 Dec 2011Sold for $1,650,000
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About Moonah 7009
The size of Moonah is approximately 2.8 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Moonah in 2011 was 5,126 people. By 2016 the population was 5,404 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonah is 50-59 years. Households in Moonah are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonah work in a professional occupation. In 2011, 63.1% of the homes in Moonah were owner-occupied compared with 59.6% in 2016.
Moonah has 3,089 properties. Over the last 5 years, Houses in Moonah have seen a 46.90% increase in median value, while Units have seen a 42.49% increase. As at 31 October 2024:
- The median value for Houses in Moonah is $631,327 while the median value for Units is $462,186.
- Houses have a median rent of $520 while Units have a median rent of $450.
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