50 Derwent Park Rd, Derwent Park, Tas 7009

Offers over $565,000

House
Type
3
Bedrooms
1
Bathrooms
264 m²
Area

Published on Wednesday, July 29, 2026 ( See property details for 50 Derwent Park Rd, Derwent Park, Tas 7009)

Offers over $565,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile commercial-zoned property on Derwent Park Road offering immediate income and future redevelopment potential in a prime industrial precinct.

🏡 Property Highlights

  • Commercial zoning with versatile development potential
  • Immediate income stream from current tenancy
  • Prime Derwent Park Road location in established precinct
  • Approximately 264 sqm landholding for future expansion
  • Potential for redevelopment or landbanking subject to approvals
  • Convenient access to Moonah, Glenorchy, and Hobart CBD

✨ Key Features

  • Commercially zoned property
  • Approximately 264 sqm landholding
  • Currently leased, providing immediate holding income
  • Private backyard
  • Shared driveway
  • Established commercial and light-industrial precinct
  • Potential for future commercial use or redevelopment
  • Prominent Derwent Park Road position
  • Immediate income with future potential
  • Development potential
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Derwent Park is a well-established industrial and commercial hub in Greater Hobart, offering excellent connectivity to key areas such as Moonah, Glenorchy, and the Hobart CBD. The precinct features a mix of light-industrial and commercial businesses, making it an ideal location for investment and redevelopment. Its strategic position ensures high visibility and accessibility, attracting a diverse range of tenants and investors. The area benefits from ongoing infrastructure improvements and a strong local economy, supporting long-term growth and value appreciation.

What are the current uses permitted under the property's commercial zoning?
The property's commercial zoning allows for a range of uses, including light-industrial, retail, office, and other commercial activities, subject to all relevant planning and statutory approvals.
What is the current tenancy status and rental income?
The property is currently leased, providing immediate holding income. Specific details about the tenancy and rental income can be obtained from the selling agent.
Are there any restrictions or covenants affecting redevelopment or future use?
Any restrictions or covenants are subject to local council planning regulations and approvals. Buyers should conduct their own due diligence regarding zoning, land use, and development potential.
What are the potential development options for this property?
Potential options include commercial redevelopment, landbanking for future use, or other uses permitted under the current zoning, all subject to relevant approvals.
Is there any existing infrastructure or services on the property?
The property benefits from established infrastructure typical of commercial precincts, including access to utilities and shared driveway access.
Are there any hidden costs or upcoming council rates associated with the property? Has the property been assessed for flood or bushfire risks? Are there any zoning restrictions or future planning proposals that could impact development? Is there any history of environmental contamination or structural issues? Are there any easements, covenants, or restrictions registered on the title? What are the terms of the current tenancy, and are there any lease renewal considerations? Are there any nearby construction or development plans that could affect the property? Is the property compliant with all local building codes and regulations? Are there any strata or body corporate arrangements applicable to this property? What are the long-term prospects for property value appreciation in this precinct?

50 Derwent Park Rd, Derwent Park, Tas 7009 - More Details

Offers over $565,000

Immediate Income with Future Potential

3 BEDROOMS | 1 BATHROOM | APPROX. 264 SQM | COMMERCIAL ZONING

Commercially zoned and currently used as a residential home, 50 Derwent Park Road presents a versatile investment opportunity within one of Greater Hobart's most established commercial and light-industrial precincts. Set on an approximately 264 sqm allotment, the property comprises three bedrooms, one bathroom, a private backyard.

The property is currently tenanted, providing immediate holding income while the purchaser considers its longer-term potential.

Development Potential
Its commercial zoning and prominent Derwent Park Road position may provide scope for future commercial use, redevelopment or landbanking, subject to all relevant planning and statutory approvals.

Key Features

* Commercially zoned property
* Approximately 264 sqm landholding
* Currently leased, providing immediate holding income
* Private backyard
* Prominent Derwent Park Road position
* Established commercial and light-industrial precinct
* Convenient access to Moonah, Glenorchy and Hobart CBD
* Shared driveway
* Potential for future commercial use or redevelopment, subject to all relevant approvals

Whether retained as an income-producing investment or secured for its longer-term commercial potential, this property offers flexibility in a tightly held location.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers should make their own enquiries and seek independent advice regarding the existing tenancy, zoning, permitted uses and development potential. Any proposed use or development is subject to approval by the relevant authorities.
Type
House
Bedrooms
3
Bathrooms
1
Area
264 m²
House Size
92 m²

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