RWC Tasmania offer to the market for the first time in 51 years, 20 Hull Street, Glenorchy - a flexible, high clearance warehouse, situated on a substantial corner allotment, perfect for owner occupiers, investors or industrial developers.<br/><br/>Located just 15 minutes north of Hobart's CBD, Glenorchy is a well-established industrial hub serving greater Hobart and southern Tasmania. The area continues to attract strong demand from both local and national occupiers, driven by its strategic location, excellent transport connectivity, and expanding population catchment.<br/><br/>This property offers exceptional occupier security, having had only two tenants since being built in 1986, which is a testament to its long-term appeal and stability. Such a tenancy history underscores the reliability and resilience of this asset in a competitive market.<br/><br/>Key Property Highlights:<br/>+ Expansive site area of 3,498 sqm* offering long-term flexibility and scale<br/>+ Substantial building area of 848sqm*, suitable for a range of industrial uses<br/>+ The property is benefited by 9m* internal clearance, 5 roller doors, fenced yard, offices and ample on-site carparking.<br/>+ Strategic Dual Access via Hull Street which is vital for large scale industrial operations<br/>+ Zoned: 'Light Industrial' under the Tasmanian Planning Scheme - Glenorchy<br/>+ Purchase well below replacement cost<br/>+ DA approval for a further 325sqm* building, live until 12 March 2026 which provides scope for immediate expansion (STCA)<br/><br/>Given the current high construction costs across the country, 20 Hull Street, Glenorchy presents an exceptional opportunity to acquire a quality industrial asset below replacement value. With its generous landholding, functional improvements, and development upside, don't miss your chance to secure a strategic foothold in one of Greater Hobart's most tightly held industrial precincts.
