14 Mcintyre Street, Mornington, TAS 7018 | Property Value & History | OnTheHouse
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14 Mcintyre Street
Mornington TAS 7018

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 624m2
Land area: 3151m2
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Property Details for 14 Mcintyre St, Mornington

Building Type
Commercial
Year Built
2004
Floor Size
624m2
Land Size
3151m2
Local Government
Clarence
Lot/Plan
35/138996

Last Listing description (April 2021)

Secure 7 year lease to 2026 plus two (2) further five (5) year options to 2036.
Guaranteed rental growth with annual fixed 3% rent increases.
Land Size: 3,151sqm* and building area of 768sqm*.

Coventry Group Ltd (ASX: CYG), a market leading hardware, industrial supply and fluid hydraulics business with a market cap of $97 million**.
FY21 Sales up 18.2%.
Net lease, tenant responsible for council rates, land tax and insurances according to the lease.
Located in the leading industrial precinct of Hobarts eastern shore with Bunnings, Mitre 10, Reece Plumbing, Australia Post and Repco all within 300 metres.
Mornington: Located within the City of Clarence, 5km from Hobart CBD, with growing population of 58,707*.
Commsec ranks Tasmania as Australia best performing economy in key indicators***.
Net Rent $108,594* pa + GST.

To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 31 March 2021
Southbank, Crown Casino, Melbourne

2 other Nubco- Coventry Group Ltd freehold investments also available.
Contact sales team for more details.

**Coventry Group Ltd
***Clarence City Council
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 14 Mcintyre St, Mornington, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$2,085,000
31 Mar 2021
  • 31 Mar 2021
    Sold for $2,085,000
  • 04 Mar 2021
    Listed for Sale Price on Request
  • 28 Jan 2009
    Sold for $1,300,000
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About Mornington 7018

The size of Mornington is approximately 4.2 square kilometres. There are 5 parks, covering nearly 17.3% of the total area. The population of Mornington in 2016 was 2265 people. By 2021 the population was 2469 showing a population growth of 9.0% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a trades occupation.In 2021, 65.70% of the homes in Mornington were owner-occupied compared with 64.80% in 2016.

Mornington has 1,222 properties. Over the last 5 years, Houses in Mornington have seen a 35.79% increase in median value, while Units have seen a 16.56% increase. As at 30 June 2026:

  • The median value for Houses in Mornington is $677,891 while the median value for Units is $603,979.
  • Houses have a median rent of $580 while Units have a median rent of $503.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 46 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 7018

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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.