5/121 Mornington Road, Mornington, TAS 7018 | Property Value & History | OnTheHouse
OFF MARKET

5/121 Mornington Road
Mornington TAS 7018

Bedrooms: -
Bathrooms: -
Car spaces: 5
Floor area: 288m2
Land area: 635m2
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Property Details for 5/121 Mornington Rd, Mornington

Building Type
Commercial
Year Built
2008
Floor Size
288m2
Land Size
635m2
Local Government
Clarence
Lot/Plan
5/157752

Last Listing description (November 2025)

RWC Tasmania is pleased to offer for sale a flexible warehouse, perfect for owner occupiers or investors, situated in tightly held Mornington - a leading industrial precinct on Hobart's eastern shore, located 6km* from the Hobart CBD.

Unit 5, 121 Mornington Road comprises a clear span warehouse of 288sqm* with an internal clearance of 4.6 metres*, partitioned office, kitchenette/amenities, dual electric roller doors and 5 designated on-site parking, all situated on a 647sqm* allotment.


The property is currently occupied by Oasis Pacific Pty Ltd on a month-by-month arrangement, with a passing net rent of $27,500 + outgoings + GST and have been in continuous tenure since 2018.

Given the nature of the occupancy status, Unit 5, 121 Mornington Road provides fantastic scope for an owner occupier or investor looking to secure a quality asset in a blue-chip industrial precinct, with huge rental upside.

This property is being offered for sale via Expressions of Interest, with all offers to be submitted on or before 4pm Thursday 26 June 2025.

Call the undersigned agents for more information or to arrange an inspection today.

Property History for 5/121 Mornington Rd, Mornington, TAS 7018

A timeline of how this property has performed in the market
Last Sold
$815,000
30 Jun 2025
Listed for Rent
$460/w
10 Mar 2016
  • 30 Jun 2025
    Sold for $815,000
  • 04 Jun 2025
    Listed for Sale Contact Agent
  • 14 Oct 2015
    Listed for Rent $24,000 / year
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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 4 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.