RWC Tasmania has been appointed to market for sale 14 Hull Street, Glenorchy - an expansive site offering a rare combination of secure income, future occupancy flexibility, and significant development potential in a market experiencing strong land value appreciation.
Located just 15 minutes north of Hobart's CBD, Glenorchy is a well-established industrial hub servicing greater Hobart and southern Tasmania. The area has seen strong demand from local and national occupiers due to its central location, excellent transport connectivity, and growing population catchment.
With record-low vacancy rates, rising construction costs, and limited new industrial land supply in the region, assets like 14 Hull Street are increasingly scarce and highly sought after.
Key Investment Highlights Include:
+ Substantial Total Site Area of 9,103 sqm* offering long-term flexibility and scale
+ Extensive Undercover Area of 3,764 sqm*, suitable for a range of industrial uses
+ Strategic Dual Access via Hull Street which is vital for large scale industrial operations
+ Secure income from WD Bryan Joinery until 2026 with Options, providing income security
+ Vacant rear tenancy comprised of 936 sqm of warehouse, 386 sqm* of mezzanine and 76 sqm* of office - opportunity for owner-occupation or immediate lease-up
+ Light Industrial Zoning
+ Further undeveloped land component of 2,200 sqm* which provide scope for expansion, subdivision or value adding potential (STCA)
For those seeking a well maintained commercial asset with multiple avenues to access upside, please contact the undersigned agents for more information.
For sale via expressions of interest closing Thursday 7 August 2025 at 4pm.
The size of Glenorchy is approximately 10.4 square kilometres. It has 19 parks covering nearly 16.6% of total area. The population of Glenorchy in 2016 was 10828 people. By 2021 the population was 12013 showing a population growth of 10.9% in the area during that time. The predominant age group in Glenorchy is 30-39 years. Households in Glenorchy are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenorchy work in a community and personal service occupation.In 2021, 52.50% of the homes in Glenorchy were owner-occupied compared with 54.60% in 2016.
Glenorchy has 5,649 properties. Over the last 5 years, Houses in Glenorchy have seen a 43.43% increase in median value, while Units have seen a 45.77% increase. As at 30 November 2025:
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