Knight Frank is delighted to market on an exclusive basis a significant long term industrial investment at 8 Birdwood Avenue, Moonah.
The property is located in the heart of Hobart's preferred industrial precinct in Moonah/Derwent Park, in between Harvey Norman, TasWater, St Johns Ambulance and Clennett's Mitre 10 with easy access to Main Rd and the Brooker Highway.
The property boasts a gross building area of 4,600 sqm* across a two storey standalone office building and separate warehouse sitting on a land parcel of 10,092 sqm*. The office is fully let to Spectran Group on a 5+5+5 year term while the newly built warehouse is occupied by Oak Industries on a 10+5+5 year term providing a secure long term investment. The total net income on the asset is $683,025* with the tenants paying all statutory outgoings and building insurance.
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 3,088 properties. Over the last 5 years, Houses in Moonah have seen a 30.68% increase in median value, while Units have seen a 29.59% increase. As at 30 April 2026:
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