Unit 2 / 94 Grove Road
Glenorchy TAS 7010
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Fully leased substantial industrial holding
Unit 2, 94 Grove Road, Glenorchy presents a rare opportunity to secure a substantial industrial holding in Hobart’s northern corridor. Positioned within a tightly held precinct, the property offers 986 sqm* of versatile improvements on a 7,346 sqm* site, currently leased on a 5 year net lease to Stoneman's Garden Centre.Zoned Light Industrial, the site supports a wide range of uses and future redevelopment potential (STCA). With strong arterial connectivity, secure income, and proximity to major occupiers, this asset is well suited to investors, developers, and owner-occupiers seeking scale, flexibility, and long-term value in Tasmania’s most active commercial market.
• 5 year net lease to Stoneman's Garden Centre
• Longstanding tenant with 35+ years of trading history
• Net income of $210,000* + statutory outgoings and building insurance + GST
• Prime Glenorchy location with direct access to Hobart’s major road networks
• Significant development and value-add potential^
• Zoned Light Industrial with broad permitted and discretionary uses
• Surrounded by major occupiers and consistent passing trade
• Excellent access via Brooker Highway & Main Road
• Strategic location just 10 km north of Hobart CBD
For sale by Expressions of Interest closing Thursday 20th November, 2025 at 4pm AEDT.
For further information or to arrange an inspection please contact George Burbury or James Black.
*approx.
^STCA
Features
General Features
- Land Area: 7,346sqm
- Commercial Type: Industrial/Warehouse
- Building Area: 986sqm
- Zoning: Light Industrial
Can I afford Unit 2 / 94 Grove Road?
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