1/99 Lampton Avenue, Derwent Park, TAS 7009 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI closing 8 October 2026 @ 4pm

1/99 Lampton Avenue
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 552m2
Land area: 645m2
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Leased Industrial Investment | Derwent Park

RWC Tasmania has been appointed to sell 1/99 Lampton Avenue, Derwent Park, a fully leased industrial investment offering secure income and built-in rental growth from a comprehensively upgraded facility. The property comprises a 552sqm* office and warehouse building on a 645sqm* strata site, positioned within Derwent Park's tightly held industrial precinct at the river end of Lampton Avenue, close to Prince of Wales Bay.
The asset is leased to Expert Electrical Tasmania on a net lease returning $77,022* pa net plus GST, with fixed annual reviews of 3% and a further five year option extending the potential income term to 2034. The tenant is responsible for municipal rates, land tax and water and sewerage charges under the lease.
Key property features:
+ 552sqm* office and warehouse building on a 645sqm* strata site
+ Leased to Expert Electrical Tasmania to March 2029, with a further 5 year option
+ Net income of $77,022* pa (before owner outgoings), fixed 3% annual reviews
+ Comprehensively upgraded: 20kW* three-phase solar array, 16kW* ducted reverse cycle air conditioning across 9 zones, new carpet and vinyl flooring, upgraded switchboard and replaced front windows
+ Automatic roller door and 6 on-site car parks
+ Zoned Light Industrial under the Tasmanian Planning Scheme
Set within one of Hobart's most tightly held northern suburbs industrial precincts, the property presents a well-located, income-producing holding with secure, growing returns from settlement.
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Property Details for 1/99 Lampton Ave, Derwent Park

Building Type
Commercial
Floor Size
552m2
Land Size
645m2
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About Derwent Park 7009

The size of Derwent Park is approximately 1.7 square kilometres. There are 3 parks, covering nearly 5.4% of the total area. The population of Derwent Park in 2016 was 657 people. By 2021 the population was 872 showing a population growth of 32.7% in the area during that time. The predominant age group in Derwent Park is 30-39 years. Households in Derwent Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Derwent Park work in a community and personal service occupation.In 2021, 54.60% of the homes in Derwent Park were owner-occupied compared with 60.10% in 2016.

Derwent Park has 629 properties. Over the last 5 years, Houses in Derwent Park have seen a 27.97% increase in median value, while Units have seen a 61.52% increase. As at 31 August 2026:

  • The median value for Houses in Derwent Park is $671,419 while the median value for Units is $647,395.
  • Houses have a median rent of $580.
There are currently 3 properties listed for sale, and 5 properties listed for rent in Derwent park on OnTheHouse. According to Cotality's data, 27 properties were sold in the past 12 months in Derwent park.

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Hayden Peck
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Trevor Fox
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