108-112 Sandy Bay Road
Sandy Bay TAS 7005
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Trophy Corner. Iconic Tenant for 50+ Years. Net Lease with Ultimate Expiry 2039
Elders Commercial is pleased to present for sale 108–112 Sandy Bay Road, Sandy Bay, one of Hobart’s most iconic corner investments, home to Casa Monde Lighting Specialists for over 50 years. This is a rare opportunity to acquire a freehold retail asset underpinned by an exceptional tenant profile within one of Hobart’s most high-profile and tightly held precincts.Positioned at the intersection of Quayle Street and Sandy Bay Road, approximately 1km from the Hobart CBD, Salamanca Place, Battery Point and the Sandy Bay retail precinct, the property benefits from outstanding exposure to thousands of daily vehicle and pedestrian movements. The high-traffic location, combined with surrounding national retailers and established local amenity, reinforces the asset’s long-term retail appeal.
Underpinned by secure net income and a long-standing tenant covenant, the property represents a trophy investment opportunity at an affordable price, offering investors a genuine chance to secure one of Hobart’s most recognisable and tightly held corner positions.
Key Highlights:
• Prime corner position at Sandy Bay Road and Quayle Street, offering exceptional exposure and street presence.
• Long-standing tenant Casa Monde Lighting Specialists, occupying the property for over 50 years.
• Net lease structure returning $53,523 + GST* per annum**, with minimal landlord outgoings.
• Five-year lease term with an ultimate expiry of December 2039, providing secure long-term income.
• High-profile location approximately 1km* from Hobart CBD, Salamanca Place and Battery Point.
• Surrounded by major national retailers including Woolworths, Coles, Dan Murphy’s, Chemist Warehouse, Commonwealth Bank and Shell Express.
The property is offered for sale via Expressions of Interest closing Thursday 21st May 2026 at 4:00pm (AEST).
For further information or to arrange an inspection, please contact George Burbury or James Black.
*Approximate **Before owner outgoings
Features
General Features
- Land Area: 457sqm
- Commercial Type: Retail
- Building Area: 340sqm
- Zoning: Inner Residential
Can I afford 108-112 Sandy Bay Road?
Whether you’re a first-time buyer, looking for your next home, or considering upgrading or downgrading, Elders Finance can unlock the doors to the right finance option for you and get you into the home of your dreams.
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