SOLD
Sold on 13 Mar 2024 for $1,888,000

98 Gormanston Road
Moonah TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1045m2
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Property Details for 98 Gormanston Rd, Moonah

Building Type
Commercial
Year Built
1979
Land Size
1045m2
Local Government
Glenorchy
Lot/Plan
1/247302

Last Listing description (January 2020)

OFFICE BUILDING + WAREHOUSE + WORKSHOP

HIGH DEMAND LOCATION - FREEHOLD SALE + 1 YEAR LEASE-BACK


Terrific location in the prime Moonah/Derwent Park industrial precinct alongside key arterial roads and major highway is this versatile property mix

Consider this: -
* High demand location within the tightly held Moonah/Derwent Park industrial precinct alongside a strong mix of corporate, trade and commercial retail suppliers

* Substantial building with total Lettable Area measuring approximately 786m2 comprising two level office building + storage + workshop;

* Office building space totalling approximately 183m2, adjoining warehouse/storage 134m2, side-storage shed 47m2 + freestanding rear concrete panel workshop measuring 422m2;

* Fully sealed driveway and hardstand areas for drive-through truck and forklift operation when loading/unloading; workshop complete with extra height roller-door entry and 3 phase power;

* Office building originally built Circa 1979, and progressively added to with the rear concrete panel workshop area completed 1983 to 1986 and mezzanine level around 2015;

* Zoned 'light industrial' within the Glenorchy City Planning Scheme with permitted and discretionary uses such as: -
- Equipment and Machinery Sales & Hire
- Manufacturing and Processing
- Service Industry
- Storage
- Bulky Goods Sales
- Transport Depot & Distribution
- Employment Training Centre

* Freehold Sale with 12 months' lease-back based on Net Annual Rental @ $70,000 + GST + Outgoings;

* Terrific versatile property-mix in a sought-after industrial heartland central to Moonah & Derwent Park.


For Sale by Negotiation
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Commercial Hobart

Property History for 98 Gormanston Rd, Moonah, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$1,888,000
13 Mar 2024
  • 13 Mar 2024
    Sold for $1,888,000
  • 03 Dec 2019
    Sold for $880,000
  • 18 Nov 2019
    Listed for Sale By Negotiation

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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.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Moonah on OnTheHouse. According to CoreLogic's data, 80 properties were sold in the past 12 months in Moonah.

Suburb Insights for Moonah 7009

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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.