Knight Frank is pleased to offer for sale a high profile land parcel in Mornington, a leading industrial precinct on Hobart's eastern shore, located 6km from th Hobart CBD.
The site has great exposure to South Arm Highway with over 27,000* cars passing daily. This vacant land parcel offers a great opportunity for those looking to invest or establish a presence in Mornington and is ideally positioned in the economic gateway between air and seaports.
The parcel consists of 1951 sqm of Light Industrial zoned land, offering opportunities for a wide range of business ventures.
Bunnings Warehouse, Mitre 10, Reece Plumbing, Australia Post and Repco are all within 300 metres.
For Sale by Offer.
The size of Mornington is approximately 4.2 square kilometres. It has 5 parks covering nearly 17.3% of total area. The population of Mornington in 2011 was 2,185 people. By 2016 the population was 2,244 showing a population growth of 2.7% in the area during that time. The predominant age group in Mornington is 20-29 years. Households in Mornington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a trades occupation. In 2011, 67.1% of the homes in Mornington were owner-occupied compared with 64.8% in 2016.
Mornington has 1,212 properties. Over the last 5 years, Houses in Mornington have seen a 46.79% increase in median value, while Units have seen a 56.29% increase. As at 31 October 2024:
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