PRIME HIGHWAY FRONTAGE
Prime Highway Frontage - First Time Sale in 30+ Years
A great opportunity to acquire a well positioned commercial investment on the fringe of Hobart's CBD. These premises comprise ground and first floor offices (66m?), warehouse (305m?) and mezzanine storage (150m?) on a site of 637m?. Owner/occupied for 30+ years by Eski Wholesalers, the premises are being sold vacant possession, subject to a short term lease-back arrangement. With high profile to the Brooker Avenue and accessible to all Hobart suburbs, these premises will appeal to trade and other service type business owners looking to get out of the 'rental game'. The site is zoned 'Residential 4' providing scope to partially or fully redevelop the site (STCA).
The size of Glebe is approximately 0.2 square kilometres. It has 2 parks covering nearly 5.2% of total area. The population of Glebe in 2016 was 554 people. By 2021 the population was 570 showing a population growth of 2.9% in the area during that time. The predominant age group in Glebe is 20-29 years. Households in Glebe are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glebe work in a professional occupation.In 2021, 59.50% of the homes in Glebe were owner-occupied compared with 55.70% in 2016.
Glebe has 316 properties. Over the last 5 years, Houses in Glebe have seen a 27.48% increase in median value, while Units have seen a 33.71% increase. As at 31 December 2025:
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