Unit 101 / 115 Cove Hill Road
Bridgewater TAS 7030
EOI closing Thursday, 19 March 2026 at 4pm (AEDT)
Fully leased showroom and office in flagship Point B development
Elders Commercial is pleased to present Unit 101, 115 Cove Hill Road, Bridgewater – a newly completed commercial building within Stage 1 of the landmark Point B master planned precinct. This high quality two storey building offers a flexible combination of showroom, office and warehouse accommodation, purpose built to a premium standard and thoughtfully designed by renowned architects Rothelowman.The property is fully occupied on a new five year net lease to The Young Group Tasmania Pty Ltd, a respected Tasmanian builder and developer. This provides a secure income stream, strong investment fundamentals and long term stability. With a solid passing net income, significant depreciation benefits and a prime position within Point B, an eight and a half hectare master planned development, this opportunity represents an excellent investment opportunity within greater Hobart.
Key Highlights
• Brand new 5 year net lease to The Young Group
• Strong passing net income of $110,000 plus GST
• Tenant pays statutory outgoings and body corporate expenses
• Ground floor subleased to a well known local gym with a new fitout
• Architecturally designed by Rothelowman
• Likely significant depreciation benefits due to recent completion
• Positioned within the Point B master planned 8.5* hectare precinct
• Flexible 'Light Industrial' zoning supporting a wide range of uses^
• Modern two storey construction with onsite parking and hardstand
The property is for sale by Expression of Interest closing Thursday, 19 March 2026 at 4.00pm (AEDT).
For further information or to arrange an inspection please contact George Burbury or Liam Coyle.
*Approximate
^STCA
Features
General Features
- Land Area: 7.8hect
- Commercial Type: Industrial/Warehouse
- Building Area: 490sqm
- Zoning: Light Industrial
Can I afford Unit 101 / 115 Cove Hill 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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