34 Chesterman StreetMoonah TAS 7009
Property Details for 34 Chesterman St, Moonah
Last Listing description (December 2025)
RWC Tasmania is proud to present a rare industrial investment opportunity, securely leased to an international manufacturing & distribution tenant on a new 7-year term with 2 x 5-year options. Positioned in the tightly held Moonah industrial precinct, this asset offers exceptional security, strong income, and long-term potential, an ideal set-and-forget investment in a market where quality industrial stock is increasingly scarce.
Key Property Highlights;
+ Strong investment fundamentals with a 7-year leaseback, generating a net rent of $235,000* + GST, with the tenant responsible for all outgoings (including land tax, council rates, TasWater, building insurance, and day-to-day repairs and maintenance).
+ Securely leased to a global tenant, providing investors with stability, growth potential, and future repositioning upside.
+ Expansive dual title 3,106sqm* landholding, with secure fenced hardstand.
+ Substantial 1,190sqm high-clearance industrial facility in a premium Moonah location, just 7km north-west of the Hobart CBD.
+ High-quality improvements including 7.6m clearance*, amenities, double access loading dock, electric roller door access, three-phase power, and a sprinkler system.
With a robust lease profile, an international tenant in-situ, and a high-quality industrial asset in a tightly held precinct, this opportunity offers strength, certainty, and long-term value. A true trophy investment for the passive investor seeking dependable income and future upside.
*Approximate
Property History for 34 Chesterman St, Moonah, TAS 7009
- 08 Dec 2025Sold
- 01 Dec 2025Listed for Sale Private Treaty offers in excess of $4,000,000
- 22 Nov 2017Sold for $1,830,000
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0About Moonah 7009
The size of Moonah is approximately 2.8 square kilometres. It has 8 parks covering nearly 2.3% of total area. The population of Moonah in 2016 was 5421 people. By 2021 the population was 5884 showing a population growth of 8.5% in the area during that time. The predominant age group in Moonah is 30-39 years. Households in Moonah are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moonah work in a professional occupation.In 2021, 58.00% of the homes in Moonah were owner-occupied compared with 59.60% in 2016.
Moonah has 3,087 properties. Over the last 5 years, Houses in Moonah have seen a 30.78% increase in median value, while Units have seen a 58.07% increase. As at 30 November 2025:
- The median value for Houses in Moonah is $646,046 while the median value for Units is $513,841.
- Houses have a median rent of $565 while Units have a median rent of $485.
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