5/5-7 Bowen RoadMoonah TAS 7009
Property Details for 5/5-7 Bowen Rd, Moonah
Last Listing description (June 2011)
Industrial Investment - National Tenant - Long Term Lease
It is with pleasure that Edwards Windsor offer for sale 5-7 Bowen Road Moonah, subject to an 8 year lease to GEON Printing & Communication Solutions, commencing October 2010, at a current net rental of $270,823 per annum.
The rent is to increase to $310,000 per annum in October 2011 and to $360,000 per annum in October 2012, with fixed increases thereafter.
This property comprises a substantial industrial complex, situated in an established industrial location, and offered for sale subject to a long term lease to a national tenant.
The property is situated on the eastern side of Bowen Road, close to the intersection with Albert Road, within the established industrial/commercial precinct of Moonah, some six kilometers north of the Hobart City centre.
The main building on the site comprises a substantial factory structure, together with an ancillary administration block, constructed in 1971.
The upper level of the administration block has level access from Bowen Road, whilst the factory is at the lower level, as a consequence of site excavation prior to development.
In addition to the main complex, there is a modern freestanding warehouse, developed in 1995.
Property History for 5/5-7 Bowen Rd, Moonah, TAS 7009
- 18 Jun 2012Sold for $3,120,000
- 19 Oct 2011Listed for Rent - Price not available
- 03 Jul 2011Listed for Rent - Price not available
Recent sales nearby
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About 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 3,090 properties. Over the last 5 years, Houses in Moonah have seen a 29.21% increase in median value, while Units have seen a 31.33% increase. As at 31 March 2026:
- The median value for Houses in Moonah is $690,279 while the median value for Units is $514,983.
- Houses have a median rent of $580 while Units have a median rent of $475.
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