SOLD
Sold on 16 Nov 2023 for $1,100,000

84 Mornington Road
Mornington TAS 7018

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 381m2
Land area: 1064m2
Save

Property Details for 84 Mornington Rd, Mornington

Building Type
Commercial
Year Built
1980
Floor Size
381m2
Land Size
1064m2
Local Government
Clarence
Lot/Plan
1/7371

Last Listing description (September 2023)

Knight Frank is pleased to offer to the market for the first time since its inception in 1999, Tas Loo Hire a proven, highly successful local business.

Tas Loo Hire is a well-established hire equipment business that let out portable toilet and shower units across Southern Tasmania. The business has a large list of equipment including vehicles, forklift, 232 individual toilet and shower units, which can be provided on single or tandem trailers.

The business currently operates out of 84 Mornington Road, on a 1,064 sqm site, the perfect location whereby customers pick up and drop off the units. As an option, Vendors are willing to provide a long lease term to suitably qualified business purchasers.

Tas Loo Hire is a business that has all the ingredients for future growth efficiently operated, a loyal customer base, and room to scale, this is an opportunity not to be missed.

Business For Sale - $1,250,000.
Freehold + Business - $2,350,000.

Property History for 84 Mornington Rd, Mornington, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$1,100,000
16 Nov 2023
  • 16 Nov 2023
    Sold for $1,100,000
  • 17 May 2023
    Listed for Sale Business For Sale at $1,250,000
  • 20 Feb 2006
    Sold for $240,000
Sign in to see more transactions

Commute Calculator

About Mornington 7018

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 1,213 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:

  • The median value for Houses in Mornington is $559,212 while the median value for Units is $536,956.
  • Houses have a median rent of $530 while Units have a median rent of $370.
There are currently 7 properties listed for sale, and no properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 7018

Market Insights
Mornington Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mornington Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.