1/10 Lampton Avenue

Derwent Park TAS 7009

RWC Tasmania presents this outstanding mixed-use commercial investment opportunity to the market. Positioned in the heart of the tightly held Derwent Park industrial and commercial precinct, this prominent corner property offers a rare combination of secure income, strong exposure and future owner occupier flexibility.

Occupying a high-profile site with direct frontage to Lampton Avenue, the property comprises a well-presented multi-tenanted complex incorporating warehouse accommodation, showroom and office space, together with a long-standing and popular takeaway premises. The versatile configuration provides diversified income streams across multiple tenancies, making it an attractive proposition for investors seeking stability and long-term growth potential. Importantly, one tenancy currently operates on a month-to-month basis, providing valuable flexibility for both investors and owner-occupiers. This presents an excellent opportunity for an owner-occupier to secure premises for their own business while continuing to derive income from the remaining leased areas. Alternatively, investors may capitalise on the opportunity to review and potentially increase rental returns over time, as the existing rental level is below current market rates.

The premise is situated on a substantial site area of approximately 840 sqm*, benefiting from three street frontages and excellent accessibility. The building has a total area of approximately 399 sqm* and provides functional accommodation suitable for a variety of commercial and industrial uses. Generous on-site parking for approximately 10 vehicles further enhances the property's appeal to both tenants and customers alike.