RWC Tasmania is proud to present to the market the opportunity to lease space in an exciting and substantial, recently council endorsed rezoned 'General Business' site in the rapidly growing township of Sorell.
Development Overview:
Stage 1: 3 Weston Hill Road - 4,000sqm* GLA - Available Now
Stage 2: Offering up to 14,000sqm* of GLA + Industrial land releases
+ Subject to offers, the developer has multiple layout options, varying from one large anchor tenant circa 4,000sqm* plus to three smaller 500sqm* - 1550sqm* tenancies.
+ The catchment area population is currently estimated at 26,933 persons (2024) and is projected to increase to 33,533 persons by 2041 (+24.5%).
+ Total retail expenditure levels generated by the catchment area population is currently estimated at $599.0 million and is projected to increase at an average rate of 2.0% to $842.6 million by 2041.
+ Versatile development potential, ideally suited for a wide range of uses, including but not limited to large format retail (LFR), trade supplies, showrooms, quick service restaurants (QSR), service stations, childcare, health & fitness centres, medical, entertainment and more^.
+ Significant Development Scale: This is the most significant commercial development in Sorell in over a decade, already attracting strong market interest.
+ Sorell and the surrounding catchment area has experienced huge residential growth in recent years, with demand for commercial tenancies at an all-time high with very low level of vacancy further solidifying the demand for a development of this type.
A development of this magnitude has not been seen in Sorell for over a decade and has already generated strong interest. With Stage 1 being located at 3 Weston Hill Road and a further 14,000sqm* of GLA available in Stage 2.
With the expressions of interest campaign closing 19th June 2025, don't miss this opportunity to secure your position in one of Tasmania's most dynamic growth markets.
Call the undersigned to register your interest today!