2B Knoll StreetGlenorchy TAS 7010
Property Details for 2b Knoll St, Glenorchy
Last Listing description (August 2010)
PROFITABLE ESTABLISHED LEASEHOLD BUSINESS
For Sale - Multiline Manufacturers Representative & Wholesaler, Hobart, Tasmania. With option to purchase building.
Wholesale Products (Tas) is one of Tasmania's leading multiline manufacturers representatives and wholesalers, specialising in the distribution of water and plumbing products statewide, since the mid to late 1980s.
The organisation structure includes 2 working directors (sales manager and office manager), 3 full time employees, 1 part time employee and 1 casual.
The owners have dilligently upgraded the reporting structure and IT resources to allow the business to grow efficiently. There is little evidence of key man risk, enhancing a smooth handover to new owners.
The business may also be suitable acquisition for a small private equity group to operate under management.
The business is being offered for sale by negotation at $445,000 plus SAV (allow up to $150,000), as a leasehold going concern.
The land and building component is also available for sale at $515,000 offering a 9% yield.
This exciting business is very profitable and dynamic with potential to expand the manufacturers portfolio to suit the new owner(s).
A comprehensive Information Memorandum is available from Merchants Hobart, after executing a Deed of Confidentiality. Interested parties should contact
Simon Merchant direct on 0419 595 134 or simon@merchants.net.au .
Property History for 2b Knoll St, Glenorchy, TAS 7010
- 20 Aug 2010Sold for $470,000
- 25 Jan 2010Listed for Sale $445,000 PLUS SAV
- 22 Dec 2006Sold for $400,000
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0About Glenorchy 7010
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 5,656 properties. Over the last 5 years, Houses in Glenorchy have seen a 46.78% increase in median value, while Units have seen a 44.24% increase. As at 31 December 2025:
- The median value for Houses in Glenorchy is $610,822 while the median value for Units is $477,564.
- Houses have a median rent of $550 while Units have a median rent of $460.
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