3 Sussex Street, Glenorchy, TAS 7010 | Property Value & History | OnTheHouse
OFF MARKET

3 Sussex Street
Glenorchy TAS 7010

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 203m2
Land area: 688m2
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Property Details for 3 Sussex St, Glenorchy

Building Type
Commercial
Year Built
1970
Floor Size
203m2
Land Size
688m2
Local Government
Glenorchy
Lot/Plan
5/62947

Last Listing description (May 2017)

A RARE BUT AFFORDABLE OPPORTUNITY
Terrific location in a tightly-held light industrial pocket just off Chapel Street being offered for sale for the first time in many years.
Consider this;

* Originally purpose-built as a cabinet makers workshop in 1970 this property is a rare find with existing light industrial use;
* Freestanding galvanised Iron construction measuring approximately 203m2 and land area approx 688m2 with sealed side-driveway access to the workshop;
* Ideally suited for a sole trader, small business operation or passive investment opportunity;
* Extensive open plan workshop floor space providing a capability for freestanding workbench & machinery operation;
* SPECIAL NOTATION: - the machinery and all plant & equipment does not form part of the sale and will be removed by the business owner when vacating the workshop; the workshop also comprises a kitchen, office, spray painting room and toilet amenity;
* The property is currently rented to the business owners on a month to month basis and the opportunity exists to continue the rental arrangements, subject to negotiation with optional vacant possession, if needed;
* Explore the options for this affordable workshop facility located on the fringe of the Glenorchy CBD and providing terrific scope to add-value to freehold property.
For Sale by Negotiation
Inspection strictly by appointment only
All enquiries contact John Barwick of Roberts Commercial Hobart.

Property History for 3 Sussex St, Glenorchy, TAS 7010

A timeline of how this property has performed in the market
Last Sold
$248,000
21 Apr 2017
  • 21 Apr 2017
    Sold for $248,000
  • 14 Mar 2017
    Listed for Sale By Negotiation
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About Glenorchy 7010

The size of Glenorchy is approximately 10.4 square kilometres. There are 19 parks, covering nearly 16.6% of the 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 5,665 properties. Over the last 5 years, Houses in Glenorchy have seen a 30.57% increase in median value, while Units have seen a 19.25% increase. As at 31 July 2026:

  • The median value for Houses in Glenorchy is $679,177 while the median value for Units is $485,091.
  • Houses have a median rent of $585 while Units have a median rent of $480.
There are currently 27 properties listed for sale, and 13 properties listed for rent in Glenorchy on OnTheHouse. According to Cotality's data, 252 properties were sold in the past 12 months in Glenorchy.

Suburb Insights for Glenorchy 7010

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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.