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Elders Commercial has brought a multimillion-dollar commercial property to market at 141–147 Main Road, Moonah, describing it as a “generational investment opportunity.” The fully-leased, well-located asset sits within Hobart’s high-demand bulky-goods precinct and is anchored by three nationally recognised tenants: The Good Guys (part of JB Hi-Fi Group), Burson Auto Parts (part of Bapcor), and…
Read moreA prime three-level commercial building on one of Hobart’s busiest CBD strips has been listed for sale, with Elders Commercial agents Scott Newton and George Burbury launching an Expressions of Interest campaign for 74–76 Elizabeth Street. The asset sits about 30 metres from the Elizabeth Street Mall and benefits from dual frontages to Elizabeth and…
Read moreSeptember was another active month across Tasmania’s commercial property market, with transactions recorded in every region and across a wide range of asset classes. Demand remained diverse, with local investors, owner-occupiers, and interstate buyers targeting both secure income-producing investments and development opportunities. The South recorded significant activity in both industrial and retail assets. Standouts included…
Read moreElders Commercial Tasmania is pleased to announce the successful off-market sale of 10 Derwent Park Road, Derwent Park, for circa $22 million, reflecting an initial net yield of approximately 6.15%. The transaction was handled by Elders Commercial agents Scott Newton and George Burbury, with the asset acquired by a private Tasmanian family.
10 Derwent Park Road, Derwent Park TAS
Read moreElders has appointed John Talbot as Head of Commercial Real Estate, marking a significant milestone in the company’s strategy to expand its footprint in the commercial property sector. Mr Talbot joins Elders with 40 years of experience working in Sydney, Melbourne and internationally across capital markets, agency sales, and professional services. Until recently, Mr Talbot…
Read moreThe Australian commercial real estate market is in a state of transformation. Economic shifts, changing work habits, and technological advancements are reshaping the landscape, offering both opportunities and challenges for property owners and investors. Staying ahead of these trends requires a strategic approach, an eye for emerging patterns, and a firm grasp of what drives…
Read moreReal estate can be one of the most rewarding investments for Australian families, whether you’re looking to purchase your first home, upgrade your current one, or venture into the property investment arena. How do you identify opportunities that are genuinely profitable? The real estate market isn’t just about picking a property that looks appealing; it’s…
Read moreElders Real Estate has had another bumper year, building on significant expansion in recent years. In FY24, the Elders Real Estate team sold over 12,000 properties, at a total value of $8.4 billion and had almost 80,000 properties under management across our franchise and company owned offices. Elders Real Estate also delivered outstanding financial results…
Read moreChristmas is a time for joy, family, and generosity. But for many Australian families, the festive season can also bring financial stress, stretching budgets to the limit with gift-giving, Christmas events, and festive feasts. Balancing the magic of Christmas with the strain on your wallet can be overwhelming – but it doesn’t have to be.…
Read moreDespite overall commentary indicating it’s a tricky time to navigate, there are still positives to be found throughout Australia’s commercial property market, according to experts from the commercial division of Elders Real Estate Australia. Although recognising that declines in some capital values and instances of weaker investment yields are factors currently influencing the industry, Elders…
Read moreElders Real Estate is excited to announce that the winner of the $25K Your Way competition is Kumar L. from New South Wales. Kumar’s journey with Elders began with a property appraisal, which entered him into the competition for a chance to win $25,000. Kumar shared his excitement with us. “I am thrilled to have…
Read moreThe 2023/24 financial year saw a return to a balanced market where traditional commercial property fundamentals were front and centre. Despite an increasing interest rate environment, the Tasmanian market has remained resilient, with transaction volumes steady for both sales and leasing across all sectors. Whilst there has been a slight softening in yields for some…
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