1/10 Lampton AvenueDerwent Park TAS 7009
Property Details for 1/10 Lampton Ave, Derwent Park
Last Listing description (July 2026)
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.
With a passing net income of approximately $79,718 per annum*, this is an exceptional opportunity to acquire a diversified commercial asset with strong holding income and long-term upside in a consistently high-demand location.
Key Investment Highlights:
• Prominent corner position with direct frontage to Lampton Avenue
• Multi-tenanted mixed-use investment on a single title
• Warehouse, showroom, office and takeaway accommodation
• Total site area of approximately 840 sqm* with three frontages
• Total building area of approximately 399 sqm*
• On-site parking for approximately 10 vehicles
• Passing net income of approximately $79,718 per annum*
• Located within the highly sought-after Derwent Park industrial and commercial precinct
For more information or to arrange an inspection please contact Trevor Fox or Tom Balcombe
Property History for 1/10 Lampton Ave, Derwent Park, TAS 7009
- 22 Jul 2026Sold
- 22 May 2026Listed for Sale EOI closing Thursday, 18th June 2026 @ 4pm (AEST)
- 12 Jul 1989Sold for $307,400
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0About 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 628 properties. Over the last 5 years, Houses in Derwent Park have seen a 34.92% increase in median value, while Units have seen a 56.01% increase. As at 30 June 2026:
- The median value for Houses in Derwent Park is $675,238 while the median value for Units is $640,943.
- Houses have a median rent of $580.
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