72-76 Sunderland Street, Derwent Park, TAS 7009 | Property Value & History | OnTheHouse
OFF MARKET

72-76 Sunderland Street
Derwent Park TAS 7009

Bedrooms: -
Bathrooms: -
Car spaces: 50
Floor area: 3505m2
Land area: 7594m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 72-76 Sunderland St, Derwent Park

Building Type
Commercial
Year Built
2003
Floor Size
3505m2
Land Size
7594m2
Local Government
Glenorchy
Lot/Plan
2/138625

Last Listing description (July 2026)

RWC Tasmania have been appointed to sell a high-quality, substantial industrial distribution centre. Capitalise on the opportunistic lease tail to access considerable rental upside or owner-occupy within the tightly held Derwent Park commercial precinct.

Key Property Features Include:
+ Leased to national office supplies tenant WINC Australia Pty Ltd

+ Passing Net Rent: $557,647* + GST (before owner outgoings)
+ Expansive 7,594 sqm* landholding with 50* on-site car parks
+ GLA: 4,312 sqm* high-quality industrial/office facility
+ Significant rental uplift, with passing rent well below market parameters
+ Annual rent reviews 2.5% with a market review in December 2027
+ 8.9m* internal clearance warehouse with high-quality amenities
+ Triple electric roller doors, three-phase power & smoke/heat detection sprinkler system
+ Fully functional goods lift - 2000kg capacity
+ Zoned: 'Light Industrial' Tasmanian Planning Scheme - Glenorchy

In an era of escalating construction costs and dwindling industrial land supply, 72-76 Sunderland Street represents a defensive yet aggressive play. Whether you are looking to hedge against inflation via a high-yielding industrial asset or seeking a high-spec facility to house your own business, this is the most significant industrial offering in the Derwent Park precinct this year.

Property History for 72-76 Sunderland St, Derwent Park, TAS 7009

A timeline of how this property has performed in the market
Last Sold
$8,200,000
16 Aug 2021
  • 05 Mar 2026
    Listed for Sale Private Treaty - Offers In Excess of $9.5 million
  • 16 Aug 2021
    Sold for $8,200,000
  • 14 Sep 2020
    Sold for $5,050,000
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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 628 properties. Over the last 5 years, Houses in Derwent Park have seen a 30.13% increase in median value, while Units have seen a 57.51% increase. As at 31 July 2026:

  • The median value for Houses in Derwent Park is $677,484 while the median value for Units is $639,442.
  • Houses have a median rent of $580.
There are currently 3 properties listed for sale, and 4 properties listed for rent in Derwent park on OnTheHouse. According to Cotality's data, 31 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.