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96-98 Grove Road

Glenorchy TAS 7010

  • 40 Parks
EOI closing 29th May 2025, 4pm (AEST)

Dual title, high exposure opportunity suiting owner occupiers, developers and investors

Elders Commercial is pleased to present for sale 96 - 98 Grove Road, Glenorchy - an exceptional industrial opportunity within one of Southern Tasmania’s most tightly held precincts.

Comprising two adjoining titles with a combined land area of 4,958 sqm*, the offering includes a functional warehouse and office facility with upgraded infrastructure, expansive hardstand, and 40* on-site car parks, alongside a vacant allotment primed for future development. Available individually or in one line, the site provides unmatched flexibility for owner-occupiers, investors or developers seeking a foothold in one of Hobart's core industrial locations.

Positioned on a prominent corner, the property benefits from multiple crossovers, dual street frontage, and seamless access to Brooker Highway and the Hobart CBD.

Key Features:
• Total landholding: 4,958 sqm* across two Light Industrial-zoned titles
• 950 sqm* warehouse with quality improvements and rear yard
• Holding income of $113,614 p.a.* with potential for uplift
• Flexible development or occupation potential, with Vacant Possession available with 3-months notice**

This is a rare opportunity to acquire industrial land and improvements in Hobart’s northern corridor - with immediate income and significant long-term upside. Prospective purchasers are encouraged to review the opportunity to buy individually or in one line.

For further information or to arrange a private inspection, please contact George Burbury 0408 333 523 or Liam Coyle 0407 868 370.

*approx
**Subject to execution of the lease variation

Features

General Features

  • Land Area: 4,958sqm
  • Commercial Type: Industrial/Warehouse
  • Building Area: 950sqm
  • Zoning: Light Industrial
  • Car Spaces: 40

Can I afford 96-98 Grove Road?

With access to the best on offer from 30 lenders and complete support and advice from pre-approval to settlement, you can trust an Elders Home Loans broker to find a quick and simple solution.

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Elders Real Estate Hobart

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