3/121 Mornington RoadMornington TAS 7018
Property Details for 3/121 Mornington Rd, Mornington
Last Listing description (February 2026)
RWC Tasmania offers for sale this fully leased industrial investment in tightly held Mornington - a leading industrial precinct on Hobart's Eastern shore, located 6km* from the Hobart CBD.
Property Highlights:
• Warehouse Area: 360 sqm*
• Internal Clearance: 5 metres*
• Zoning: 'Light Industrial' Tasmanian Planning Scheme - Clarence
• Site Area: 1,003 sqm* with 10 on-site parks, plus ample on-site parking*
• Leased until April 2027 + option through to 2030
• Current Net Income: $69,134 plus outgoings and GST*
If you're seeking a passive, set and forget type investment with future upside and attractive lease fundamentals, please contact the undersigned agents.
*Approximately
Property History for 3/121 Mornington Rd, Mornington, TAS 7018
- 11 Feb 2026Sold
- 30 Oct 2025Listed for Sale Contact Agent
- 29 Oct 2010Sold for $420,000
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0About 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.
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