38 Pearl StreetDerwent Park TAS 7009
Property Details for 38 Pearl St, Derwent Park
Last Listing description (July 2025)
Located in the thriving Derwent Park commercial and industrial precinct, 38 Pearl Street offers a rare chance to secure a versatile light industrial property in one of Hobart's most tightly held commercial areas.
Set on a 528m²* allotment, the property features both office and warehouse components and is suitable for a wide range of business operations.
Previously used as offices and requiring renovations.
The residence was constructed in 1950's and warehouse 1970's.
With excellent access to key transport routes and positioned just minutes from Hobart's CBD, this property delivers both strategic location and long-term value.
Property highlights:
Land area: 528m²*
Total building area: 176m²* comprising:
- Office space: 104m²* (previously used as office suites)
- Warehouse: 72m²* with a variety of potential uses
Zoned Light Industrial
Warehouse is vacant
Versatile property suited to investors, owner-occupiers or developers
Easy access to major transport links and arterial roads
Excellent exposure in a well-established commercial area
Rental estimate:
Office dwelling $400pw approx.
Warehouse $350pw approx. (currently vacant)
Don't miss out on this opportunity to secure your own commercial property in Derwent Park. Contact us to arrange a viewing or for more information.
*The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information.
Property History for 38 Pearl St, Derwent Park, TAS 7009
- 05 Jun 2025Sold for $570,000
- 23 Apr 2025Listed for Sale Offers over $580,000
- 21 Mar 2003Sold for $130,000
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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 625 properties. Over the last 5 years, Houses in Derwent Park have seen a 43.10% increase in median value, while Units have seen a 47.50% increase. As at 30 November 2025:
- The median value for Houses in Derwent Park is $597,647 while the median value for Units is $536,792.
- Houses have a median rent of $520.
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