Unit 1/99 Lampton Avenue Derwent Park, TAS 7009

RWC Tasmania has been appointed to sell 1/99 Lampton Avenue, Derwent Park, a fully leased industrial investment offering secure income and built-in rental growth from a comprehensively upgraded facility. The property comprises a 552sqm* office and warehouse building on a 645sqm* strata site, positioned within Derwent Park's tightly held industrial precinct at the river end of Lampton Avenue, close to Prince of Wales Bay.
The asset is leased to Expert Electrical Tasmania on a net lease, with fixed annual reviews of 3% and a further five year option extending the potential income term to 2034. The tenant is responsible for municipal rates, land tax and water and sewerage charges under the lease.

Key property features:
+ 552sqm* office and warehouse building on a 645sqm* strata site
+ Leased to Expert Electrical Tasmania to March 2029, with a further 5 year option
+ Comprehensively upgraded: 20kW* three-phase solar array, 16kW* ducted reverse cycle air conditioning across 9 zones, new carpet and vinyl flooring, upgraded switchboard and replaced front windows
+ Automatic roller door and 6 on-site car parks
+ Zoned Light Industrial under the Tasmanian Planning Scheme

Set within one of Hobart's most tightly held northern suburbs industrial precincts, the property presents a well-located, income-producing holding with secure, growing returns from settlement.
Offered for sale by Expressions of Interest closing Thursday, 8th October 2026 at 4pm (AEST). For further information or to arrange an inspection, contact the exclusive marketing agents.