2-4 Pear Avenue, Derwent Park, TAS 7009 | Property Value & History | OnTheHouse
FOR SALE

2-4 Pear Avenue
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: 16
Floor area: 3693m2
Land area: 3693m2
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Property Details for 2-4 Pear Ave, Derwent Park

Building Type
Commercial
Year Built
1968
Floor Size
3693m2
Land Size
3693m2
Local Government
Glenorchy
Lot/Plan
3/72791

Last Listing description (March 2026)

RWC Tasmania has been appointed to sell 2-4 Pear Avenue, a well-established industrial asset, ideally positioned in the heart of Derwent Park.

Having been owner occupied for over 20 years, the property is now offered to the market with a brand-new leaseback, to a proven local operator, delivering immediate income security.

Key property features include:

+ Substantial single-storey, clear-span warehouse with office accommodation 2,175 sqm* combined with a site area of 3,693 sqm*
+ Positioned in a popular industrial pocket, zoned 'Light Industrial'
+ Excellent on-site parking with drive-through, ramped vehicle access
+ Brand new 5+5 year lease with proven scaffolding operator
+ Net annual rent of $310,000* p.a. (tenant paying statutory outgoings)
+ Appealing commercial terms with structured rental growth

A stable investment, providing a solid foundation for investors, in a sought after precinct and well performing market.

*Approximate

Property History for 2-4 Pear Ave, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$750,000
03 Jun 2004
  • 25 Mar 2026
    Listed for Sale EOI Closing Thursday 30th April 2026 @ 4pm (AEST)
  • 21 May 2013
    Listed for Sale $1,450,000 (PLUS GST IF APPLICABLE)
  • 23 Apr 2012
    Listed for Sale EXPRESSIONS OF INTEREST
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About Derwent Park 7009

The size of Derwent Park is approximately 1.7 square kilometres. It has 3 parks covering nearly 5.4% of 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 40.01% increase in median value, while Units have seen a 43.33% increase. As at 30 April 2026:

  • The median value for Houses in Derwent Park is $643,620 while the median value for Units is $573,760.
  • Houses have a median rent of $580.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Derwent park on OnTheHouse. According to Cotality's data, 30 properties were sold in the past 12 months in Derwent park.

Suburb Insights for Derwent Park 7009

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.