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2-4 Pear Avenue
Derwent Park, TAS 7009
EOI Closing Thursday 30th April 2026 @ 4pm (AEDT)
Overview
22-Year Occupancy History with Long- Term Leaseback Commitment
This well-established industrial property located at 2-4 Pear Avenue in Derwent Park offers a substantial investment opportunity with a long-term leaseback commitment. The asset has been owner-occupied for over two decades and is now presented to the market with a brand-new lease agreement to a reputable local operator, ensuring immediate income security for investors.
The property features a substantial single-storey, clear-span warehouse combined with office accommodation, totaling approximately 2,175 square meters of building space. The site itself spans around 3,693 square meters, providing ample space for operations and parking.
Strategically positioned within a popular industrial precinct, the property benefits from a 'Light Industrial' zoning, making it suitable for a variety of commercial and industrial uses. The location is well-regarded for its accessibility and proximity to key transport routes.
On-site parking is plentiful, with excellent facilities including drive-through and ramped vehicle access, facilitating efficient logistics and vehicle movement. The property is leased under a new 5+5 year lease to a proven scaffolding operator, reflecting the stability and reliability of the tenancy.
The net annual rent is approximately $310,000 per annum, with the tenant responsible for statutory outgoings, providing a strong and structured income stream. The lease terms include structured rental growth, enhancing the investment's appeal and potential returns over time.
This property represents a stable and secure investment, offering a solid foundation for investors seeking exposure to a well-performing market within a sought-after industrial precinct. The combination of long-term tenancy, quality facilities, and strategic location makes this asset a compelling addition to any commercial property portfolio.
All measurements and figures are approximate and should be independently verified.
Location
Derwent Park TAS 7009
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 2175 |
| Floor Area | 2175 sqm |
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
