Tasmanian Business Reporter March 2018
This month we have hit the press a little earlier than usual to fit in a comprehensive recap of the key polices from the two major parties before Tasmania votes on March 3. You'll also find details about the coalition of Tasmania's leading peak bodies promising to advocate for community wellbeing in the state, and some sage export advice from the TCCI's Tradestart Adviser, Sally Chandler who warns about trademark squatters in China.
This month we have hit the press a little earlier than usual to fit in a comprehensive recap of the key polices from the two major parties before Tasmania votes on March 3.
You'll also find details about the coalition of Tasmania's leading peak bodies promising to advocate for community wellbeing in the state, and some sage export advice from the TCCI's Tradestart Adviser, Sally Chandler who warns about trademark squatters in China.
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Do not scale from drawings.<br />
All dimensions to be checked on site<br />
before commencement<br />
of work.<br />
All discrepancies to be brought to<br />
the attention of the Designer.<br />
Larger scale drawings and written<br />
dimensions take preference.<br />
This drawing is copyright and the<br />
property of the author, and<br />
must not be retained, copied or used<br />
without the express authority of<br />
Designer<br />
REVISION<br />
DATE<br />
DESCRIPTION<br />
BY<br />
REVISION DATE DESCRIPTION<br />
BY<br />
D C<br />
C<br />
BELL BAY RAILWAY LINE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
HEADWALL<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
IMPORTANT NOTES:<br />
Do not scale from drawings.<br />
All dimensions to be checked on site<br />
before commencement<br />
of work.<br />
All discrepancies to be brought to<br />
the attention of the Designer.<br />
Larger scale drawings and written<br />
dimensions take preference.<br />
This drawing is copyright and the<br />
property of the author, and<br />
must not be retained, copied or used<br />
without the express authority of<br />
Designer<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
FP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
80<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
PPOLE B<br />
D<br />
SIDE<br />
ENTRY<br />
DPIT<br />
D<br />
D<br />
6,356 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
190 m 2<br />
D<br />
D<br />
D<br />
HWALL D<br />
D<br />
D<br />
D<br />
HWALL<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
5,404 m2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
8,782 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,706 m 2<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
SEWMH<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,713 m 2<br />
D<br />
D<br />
D<br />
230 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
22,689 m2<br />
D<br />
SEWMH<br />
BELL BAY RAILWAY LINE<br />
876 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
ESK WATER<br />
D<br />
D<br />
D<br />
D D<br />
D<br />
D<br />
D<br />
D<br />
RESERVOIR SITE<br />
D<br />
SIDE<br />
ENTRY<br />
D<br />
PIT<br />
D<br />
D<br />
D<br />
D<br />
D<br />
SIDE<br />
ENTRY<br />
DPIT<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
PPOLE<br />
B<br />
D<br />
D<br />
5,835 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
VALVE PITS<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C D<br />
D<br />
D<br />
C<br />
D<br />
24,629 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
4,890 m 2<br />
D<br />
D<br />
BELL D BAY RAILWAY LINE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
STOCK DAM<br />
D<br />
D<br />
112 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
HEADWALL<br />
D<br />
D<br />
6,482 m 75Ø SCOUR VALVE<br />
2<br />
9,801 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,589 m 2<br />
D<br />
D<br />
D<br />
D<br />
6,453 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
6,376 m 2 75Ø DOUBLE AIR VALVE<br />
D<br />
D<br />
6,308 m 2<br />
D<br />
D<br />
D<br />
D<br />
24 m 2<br />
D<br />
D<br />
D<br />
D<br />
DDD<br />
D<br />
COUNCIL STOP VALVES<br />
D<br />
D<br />
D<br />
AND AIR VALVES<br />
4,551 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
878 m2<br />
2,160 m 2<br />
6,795 m 2<br />
D<br />
WATER METER<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
256 m 2<br />
D<br />
D<br />
D<br />
D<br />
A OCP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
12,066 m2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
30,890 m 2<br />
D<br />
D<br />
6,787 m 2<br />
C<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
A OCP<br />
D<br />
D<br />
2,619 m 2<br />
D<br />
D<br />
2,731 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
8,829 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
3,002 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
153 m 2<br />
D<br />
D<br />
D<br />
1,222 m 2<br />
D<br />
D<br />
D<br />
2,585 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
75Ø SCOUR VALVE<br />
D<br />
C<br />
OPEN DRAIN<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,223 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
14,288 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
SEWMH<br />
5,191 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
19,454 m2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
54,976 m 2<br />
D<br />
273 m 2<br />
D<br />
D<br />
FP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
6,356 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
75Ø DOUBLE AIR VALVE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
791 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
336 m 2 D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
SEWMH<br />
A<br />
D<br />
D<br />
OCPDIST<br />
B<br />
D<br />
D<br />
D<br />
D<br />
B<br />
190 m 2<br />
D<br />
D<br />
D<br />
D<br />
HWALL<br />
D<br />
D<br />
D<br />
D HWALL<br />
D<br />
D<br />
D<br />
D<br />
D<br />
OCP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
A<br />
5,404 m2<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
SEP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
TPIT<br />
D<br />
D<br />
D<br />
8,782 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,706 m 2<br />
D<br />
B<br />
D<br />
D<br />
D<br />
OCP<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
A<br />
D<br />
D<br />
D<br />
B<br />
D<br />
B<br />
B<br />
D<br />
SEWMH<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
TPIT<br />
B<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
TPIT<br />
B<br />
D<br />
C<br />
D<br />
D SEWMH<br />
D<br />
2,713 m 2<br />
D<br />
D<br />
D<br />
B<br />
D<br />
SEP<br />
ROADS<br />
D<br />
230 m 2<br />
D<br />
B<br />
D<br />
D<br />
B<br />
D<br />
D<br />
SEWMH<br />
BELL BAY RAILWAY LINE<br />
D<br />
D<br />
D<br />
D D<br />
25m Main Entry Boulevarde<br />
D<br />
D<br />
D<br />
D<br />
FP HWALL<br />
D<br />
D<br />
D<br />
FP D SV<br />
D<br />
C<br />
D<br />
18m General Road<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
15m Calmed Road<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
11.5m Park Edge Road<br />
D<br />
A OCP<br />
D<br />
D<br />
6m Rear Lane Access<br />
A OCP<br />
2,731 m 2<br />
D<br />
D<br />
D<br />
153 m<br />
D<br />
USES<br />
2<br />
D<br />
D<br />
D<br />
D<br />
SEWMH<br />
D<br />
D<br />
Medium Density<br />
D<br />
D<br />
D<br />
D<br />
D<br />
Town House<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
D<br />
B<br />
General residential<br />
1,371 m2<br />
D<br />
B<br />
D<br />
B<br />
SEWMH<br />
A<br />
D<br />
OCPDIST<br />
B<br />
D<br />
B<br />
Hillside large lots<br />
D<br />
OCP<br />
A<br />
B D<br />
D<br />
D<br />
B<br />
D SEP<br />
D<br />
D<br />
D<br />
D<br />
D<br />
TPIT<br />
D<br />
D<br />
D<br />
OCP<br />
D<br />
A<br />
B<br />
B<br />
D<br />
Aged Residential<br />
D<br />
D<br />
1,371 m<br />
TPIT<br />
2<br />
B<br />
B<br />
D<br />
TPIT D<br />
B<br />
D SEWMH<br />
C<br />
D<br />
D<br />
B<br />
SEP<br />
B<br />
D<br />
B<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
FP HWALL<br />
Open Space/Reserve<br />
D<br />
D<br />
1,371 m<br />
FP<br />
2<br />
D SV<br />
C<br />
D<br />
D<br />
D<br />
B<br />
D<br />
D<br />
REVISION<br />
D D<br />
D<br />
D<br />
C<br />
SIDE<br />
ENTRY<br />
PIT<br />
D<br />
D<br />
D<br />
D<br />
DATE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
100<br />
D<br />
DESCRIPTION<br />
D<br />
C<br />
24,629 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D D<br />
D<br />
D<br />
D<br />
D<br />
30<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
BY<br />
D<br />
DDD<br />
COUNCIL STOP VALVES<br />
D<br />
AND AIR VALVES<br />
GRAVEL TRACK/RAIL ACCESS<br />
(ABANDONED RAILWAY)<br />
10<br />
D<br />
90<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
60<br />
ESK WATER<br />
RESERVOIR SITE<br />
40<br />
D<br />
D<br />
80<br />
D<br />
9,801 m 2<br />
D<br />
4,890 m 2<br />
6,787 m 2<br />
REVISION DATE DESCRIPTION<br />
BY<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
50<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D VALVE PITS<br />
D<br />
D<br />
D C D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,619 m 2<br />
2,160 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
2,589 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
70<br />
60<br />
40<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
50<br />
D<br />
D<br />
878 m2<br />
D<br />
120<br />
D<br />
D<br />
80<br />
D<br />
D<br />
2,585 m 2<br />
OVERHEAD<br />
POWERLINES<br />
D<br />
D<br />
75Ø SCOUR VALVE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
1 0<br />
D<br />
D<br />
70<br />
30<br />
D<br />
D<br />
D<br />
19,454 m2<br />
D<br />
D<br />
6,795 m 2<br />
D<br />
GRAVEL TRACK/RAIL ACCE S<br />
(ABANDONED RAILWAY)<br />
10<br />
D<br />
D<br />
90<br />
D<br />
SEWER LINE<br />
D<br />
60<br />
SEWER LINE<br />
40<br />
D<br />
D<br />
75Ø DOUBLE AIR VALVE<br />
D<br />
24 m 2<br />
80<br />
D<br />
D<br />
D<br />
22,689 m 2<br />
D<br />
D<br />
50<br />
D<br />
D<br />
D<br />
D<br />
D<br />
6,453 m 2<br />
D<br />
60<br />
GRAVEL TRACK/RAIL ACCESS<br />
(ABANDONED RAILWAY)<br />
D<br />
D<br />
D<br />
14,288 m 2<br />
70<br />
60<br />
40<br />
D<br />
50<br />
D<br />
D<br />
120<br />
OPEN DRAIN<br />
POST & WIRE FENCE<br />
OPEN DRAIN<br />
POST & WIRE FENCE<br />
70<br />
876 m 2<br />
D<br />
D<br />
D<br />
STOCK DAM<br />
112 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
10<br />
D<br />
D<br />
6,308 m 2<br />
WATER METER<br />
D<br />
D<br />
D<br />
D<br />
80<br />
70<br />
130<br />
256 m 2<br />
60<br />
GRAVEL TRACK/RAIL A CESS<br />
(ABANDONED RAILWAY)<br />
D<br />
D<br />
D<br />
1 0<br />
D<br />
D<br />
D<br />
110<br />
D<br />
2,223 m 2<br />
80<br />
70<br />
D<br />
130<br />
D<br />
100<br />
D<br />
D<br />
D<br />
70<br />
70<br />
OPEN DRAIN<br />
D<br />
D<br />
70<br />
D<br />
5,835 m 2<br />
80<br />
D<br />
54,976 m 2<br />
273 m 2<br />
90<br />
D<br />
D<br />
D<br />
D<br />
70<br />
287 m2<br />
SMARTGROWTH PTY LTD<br />
A R C H I T E C T S + U R B A N D E S I G N E R S<br />
D<br />
80<br />
130<br />
OPEN DRAIN<br />
140<br />
D<br />
70<br />
6,482 m 2<br />
D<br />
D<br />
90<br />
120<br />
10, 0<br />
D<br />
D<br />
287 m2<br />
80<br />
PO BOX 95 SANDY BAY 0407704407 george@smartgrowth.com.au<br />
D<br />
D<br />
C<br />
130<br />
D<br />
D<br />
D<br />
D<br />
140<br />
D<br />
90<br />
D<br />
D<br />
70<br />
120<br />
110<br />
D<br />
D<br />
D<br />
D<br />
10, 0<br />
D<br />
D<br />
D<br />
D<br />
C<br />
D<br />
D<br />
D<br />
D<br />
1 0<br />
D<br />
D<br />
80<br />
D<br />
12,066 m 2<br />
D<br />
D<br />
75Ø SCOUR VALVE<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
OPEN DRAIN<br />
D<br />
D<br />
D<br />
PROJECT<br />
Rocherlea Master Plan<br />
Rocherlea-LAUNCESTON<br />
ARCHITECT<br />
STRUCTURAL<br />
MECHANICAL<br />
ELECTRICAL<br />
HYDRAULIC<br />
LANDSCAPE<br />
SURVEYORS<br />
D<br />
D<br />
D<br />
90<br />
-<br />
-<br />
-<br />
-<br />
-<br />
30,890 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
1,222 m 2<br />
D<br />
D<br />
OPEN DRAIN<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
5,191 m 2<br />
D<br />
D<br />
D<br />
110<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
1,371 m2<br />
1,371 m 2<br />
1,371 m 2<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
CLIENT<br />
D<br />
100<br />
D<br />
D<br />
75Ø DOUBLE AIR VALVE<br />
D<br />
D<br />
D<br />
D<br />
The Grange (Launceston) Pty Ltd<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
D<br />
DRAWING TITLE<br />
Master Plan Parcels<br />
SCALE<br />
1:5000 @A1<br />
JOB<br />
7007<br />
D<br />
D<br />
D<br />
D<br />
D<br />
DATE<br />
4/7/07<br />
DRAWING<br />
MP-01<br />
D<br />
DRAWING STATUS<br />
DRAFT-For Approval<br />
DRAWN<br />
RM<br />
CHECKED<br />
AS INDICATED<br />
REVISION<br />
A<br />
A1 SHEET<br />
PROPERTY MATTERS<br />
<strong>Tasmanian</strong> <strong>Business</strong> <strong>Reporter</strong> - MARCH <strong>2018</strong> 12<br />
Hobart’s good days at the office<br />
Scott Newton<br />
Property Matters with<br />
Knight Frank<br />
Knight Frank Hobart’s office sales and<br />
leasing specialists, Hayden Peck and<br />
Richard Steedman, give an update on the<br />
Hobart office sector in this month’s article<br />
THE recent release of the<br />
Property Council of Australia’s<br />
Office Market Report<br />
<strong>2018</strong> indicates that Hobart<br />
has remained the third strongest<br />
office market in the<br />
country.<br />
According to the report,<br />
Hobart’s CBD office market<br />
has a vacancy rate of 8.1%,<br />
which is significantly stronger<br />
than the national average<br />
of 9.6%.<br />
The financial centres of<br />
Sydney (4.6%) and Melbourne<br />
(4.6%) continue to<br />
lead the way while the slowdown<br />
in mining activity continues<br />
to hit the resource dependent<br />
markets of Brisbane<br />
(16.2%), Perth (19.8%) and<br />
Darwin (21.6%).<br />
Hobart’s “A” grade sector<br />
makes up about half of the<br />
stock and continues to be the<br />
strongest sector with a vacancy<br />
rate of only 6.9%, while<br />
“B” grade is 10.7%, “C”<br />
grade is 9.8% and “D” grade<br />
is 7.4%.<br />
Hobart’s CBD office market<br />
is dominated by the State<br />
and Commonwealth Governments<br />
which occupy about<br />
two thirds of the office stock,<br />
predominately in the “A”<br />
grade sector.<br />
Recent years have seen<br />
many tenants make a flight<br />
for quality, moving into higher<br />
quality buildings with larger,<br />
more efficient floor plans<br />
and upgraded building services.<br />
This move has seen a general<br />
softening in demand for<br />
lower grade/quality buildings<br />
and has resulted in a number<br />
of these older buildings being<br />
renovated to a higher standard<br />
in a bid to attract new<br />
tenants.<br />
In recent years, Hobart’s<br />
office stock level has remained<br />
relatively static with<br />
supply additions (ie new<br />
buildings) being offset by<br />
stock withdrawals.<br />
As a result of the growth of<br />
other property sectors, in particular<br />
hospitality, we have<br />
seen a number of lower grade<br />
The development of Parliament Square is under way.<br />
office buildings converted<br />
to alternative uses or demolished<br />
for redevelopment.<br />
This has assisted in keeping<br />
the vacancy rate down,<br />
and in effect represents a replenishing<br />
of the office market<br />
stock.<br />
Historically, new supply<br />
has been demand driven,<br />
with new office accommodation<br />
primarily resulting from<br />
pre-commitment by major<br />
tenants with very little speculative<br />
development.<br />
Given the relatively high<br />
cost of commercial construction<br />
in Tasmania, economic<br />
rentals in excess of current<br />
market levels are generally<br />
required to justify development,<br />
hence future office<br />
development is unlikely to<br />
occur without substantial<br />
pre-commitments.<br />
This provides existing<br />
buildings with a competitive<br />
advantage and assists in<br />
maintaining a low vacancy<br />
rate.<br />
During 2017, Stage 1 of the<br />
Parliament Square redevelopment<br />
was completed.<br />
This building is occupied<br />
by the State Government<br />
with a lettable area of about<br />
16,275sqm.<br />
On completion of Stage 2,<br />
the development will comprise<br />
a mixture of office, hotel,<br />
cafe/restaurant, and car<br />
parking uses as well as significant<br />
public open spaces<br />
and is hoped to improve the<br />
link between Hobart’s CBD<br />
and the Sullivans Cove/Salamanca<br />
historic waterfront<br />
precinct.<br />
With the demolition of 10<br />
Murray Street under way<br />
and the recent sale of 80<br />
Elizabeth Street, 147 Macquarie<br />
Street, and 2-6 Collins<br />
Street, which are to<br />
be converted to alternative<br />
uses, the net gain to the office<br />
stock is relatively limited,<br />
softening the buildings’<br />
impact on Hobart’s office<br />
market.<br />
The level of office vacancies<br />
can generally be seen<br />
as a proxy for white collar<br />
employment, and with renewed<br />
economic confidence<br />
in Tasmania, this is having a<br />
positive impact on Hobart’s<br />
office property market.<br />
PROPERTY VIEW<br />
MARCH <strong>2018</strong><br />
IMPORTANT NOTES:<br />
For sale by Expression of Interest<br />
STUNNING OPPORTUNITY<br />
2 Castray Esplanade, Battery Point<br />
With amazing water views, parking, excellent<br />
income and future development potential (SCTA),<br />
it’s not often that properties of this calibre become<br />
available.<br />
• Three-level commercial building<br />
• Gross building area: 966sqm (approx)<br />
• Land area: 820sqm (approx)<br />
• Car parking: 15 (approx)<br />
• WALE: 2 years (approx)<br />
• Current Gross Income: $222,684 plus GST (approx)<br />
• Zoned ‘Inner Residential’<br />
Hayden Peck 0412 766 395<br />
Richard Steedman 0408 559 046<br />
View at KnightFrank.com.au/4095709<br />
For sale by Expression of Interest<br />
AWARD-WINNING OFFERING<br />
88 & 88A George Street, Launceston<br />
Arguably Launceston’s most recognised piece of<br />
commercial real estate with ‘Pierres’ continuing<br />
to occupy the site, following the meticulous<br />
refurbishment undertaken by the owners.<br />
• Two strata titled properties (available individually<br />
or combined).<br />
• 88 George St: restaurant (fully leased).<br />
• 88A George Street: retail shop and FF<br />
two-bedroom apartment (vacant possession).<br />
• Prominent location in George Street, steeped<br />
in history.<br />
• Access to council-owned car park and<br />
Brisbane Arcade courtyard dining.<br />
Rob Dixon 0408 134 025<br />
View at KnightFrank.com.au/4092908<br />
RESERVOIR ROAD<br />
PALING FENCING PALING FENCING<br />
27,923 m 2 18,900 m 2<br />
3,788 m 2<br />
6,547 m 2<br />
18,596 m 2 6,485 m 2<br />
6,376 m 2 263 m 2<br />
250 m 2<br />
4,551 m 2<br />
3,598 m 2<br />
17,116 m 2 5,301 m 2<br />
3,112 m 2 8,829 m 2 1,377 m 2<br />
3,002 m 2<br />
3,928 m 2<br />
2,220 m 2<br />
3,024 m 2 12,995 m 2 2,132 m 2 7,469 m 2<br />
7,286 m 2<br />
719 m 2<br />
765 m 2<br />
2,345 m 2<br />
6,180 m 2 3,721 m 2<br />
1,272 m 2<br />
4,905 m 2 21,131 m 2<br />
791 m 2<br />
18,041 m 2 336 m 2 1,993 m 2<br />
6,519 m 2<br />
619 m 2<br />
1,760 m 2 8,768 m 2<br />
174 m2<br />
2,403 m 2<br />
10,404 m 2 8,472 m<br />
507 m<br />
ROADS<br />
2<br />
2<br />
25m Main Entry Boulevarde<br />
5,501 m 2<br />
3,788 m 2<br />
1,822 m 2 4,390 m 2<br />
4,402 m 2<br />
447 m 18m General Road<br />
2<br />
3,759 m 2<br />
13,080 m 2<br />
6,547 m 2 3,687 m 2<br />
27,923 m 2 15m Calmed Road<br />
1,257 m2<br />
680 m 2<br />
6,658 m 2<br />
18,596 m 2 6,485 m 2 263 m 2<br />
250 m<br />
11.5m Park Edge Road<br />
2<br />
3,598 m 2<br />
5,481 m 2<br />
2,159 m 2<br />
1,562 m 6m Rear Lane Access<br />
2<br />
17,116 5,301 m m2 2<br />
3,112 m 2 1,377 m<br />
4,782 m 2 2<br />
3,928 m2 2,220 m 2<br />
2,941 m 2 9,520 m<br />
3,024 m 2 12,995 m<br />
USES<br />
2<br />
2<br />
18,900 m 2<br />
1,345 m 2 2,132 m 2<br />
8,114 m 2 7,469 m Medium Density<br />
2<br />
1,371 m 2<br />
7,286 m 2<br />
55,574 m 2<br />
719 m 2<br />
765 m 2<br />
2,345 m<br />
Town House<br />
2<br />
1,371 m 2<br />
6,180 m 2<br />
12,158 m 2 1,272 m 2 4,905 m 2 21,131 m<br />
General residential<br />
2<br />
18,041 m 2 1,993 m Hillside large lots<br />
2<br />
1,371 m 2<br />
6,519 m 2<br />
619 m 2<br />
1,760 m Aged Residential<br />
2<br />
8,768 m 2<br />
2,403 m 2<br />
10,404 m 2 8,472 m 2<br />
109 m 2 5,501 m Open Space/Reserve<br />
2<br />
447 m 2<br />
13,080 m<br />
11,313 m 2 2<br />
6,658 m 2<br />
1,562 m 2 4,782 m 2 9,520 m 2<br />
8,114 m 2 1,371 m 2<br />
55,574 m 2<br />
1,371 m 2<br />
12,158 m 2<br />
POST & WIRE FENCE<br />
MEADOWBANK ROAD<br />
OVERHEAD<br />
POWERLINES<br />
COUNCIL WATER MAIN<br />
COUNCIL WATER MAIN<br />
For sale by Expression of Interest<br />
ENGLOBO LAND<br />
Lot 1, Parklands Parade, Newnham<br />
• The offering comprises the major component<br />
of ‘The Green Specific Area Plan (TGSAP), an<br />
award winning Urban Planning framework that<br />
has been recognised nationally and locally.<br />
• Adjoins four existing Northern Launceston<br />
suburbs and is ready to meet Northern<br />
Tasmania’s ‘Affordable Housing’ requirements.<br />
• Currently zoned ‘General Residential’ under the<br />
Launceston Interim Planning Scheme (2015).<br />
• Part of Stage 1 of the Plan has been completed.<br />
• Land Area: 77.297 hectares (approx).<br />
Rob Dixon 0408 134 025<br />
David Webster 0419 516 629<br />
View at KnightFrank.com.au/4063436<br />
For sale by Expression of Interest<br />
5 Victoria Street, Hobart 41 York Street, Launceston Shop 8, 48-54 Oldaker Street, Devonport<br />
P: 03 6220 6999 P: 03 6333 7888 P: 03 6424 3568<br />
COUNCIL WATER MAIN<br />
SEWER LINE<br />
VARIOUS FENCING<br />
VARIOUS FENCING<br />
SEWER LINE<br />
DRAINAGE LINE<br />
TREE LINE / BOUNDARY WITH MOWBRAY GOLF COURSE<br />
MEADOWBANK ROAD<br />
COUNCIL WATER MAIN<br />
RESERVOI ROAD<br />
PALING FENCING PALING FENCING<br />
POST & WIRE FENCE<br />
4,402 m 2 3,687 m 2<br />
COUNCIL WATER MAIN<br />
POST & WIRE FENCE<br />
1,257 m 2 3,759 m 2 5,481 m 2<br />
2,941 m 2 680 m 2<br />
COUNCIL WATER MAIN<br />
VARIOUS FENCING<br />
VARIOUS FENCING<br />
DRAINAGE LINE<br />
TR E LINE / BOUNDARY WITH MOWBRAY GOLF COURSE<br />
BLUE CHIP<br />
OPEN DRAIN<br />
OPEN DRAIN<br />
POST & WIRE FENCE<br />
POST & WIRE REMAINS<br />
ESK WATER LINE<br />
POST & WIRE FENCE<br />
POST & WIRE REMAINS<br />
4,390 m 2 507 m 2<br />
ESK WATER LINE<br />
POST & WIRE FENCE<br />
174 m2<br />
1,822 m 2<br />
2,159 m 2<br />
1,345 m 2<br />
109 m 2 11,313 m 2<br />
OPEN DRAIN<br />
POST & WIRE FENCE<br />
POST & WIRE FENCE<br />
3,721 m 2 1,371 m 2<br />
SMARTGROWTH PTY LTD<br />
A R C H I T E C T S + U R B A N D E S I G N E R S<br />
OPEN DRAIN<br />
POST & WIRE FENCE<br />
PO BOX 95 SANDY BAY 0407704407 george@smartgrowth.com.au<br />
POST & WIRE FENCE<br />
POST & WIRE FENCE<br />
POST & WIRE FENCE<br />
OPEN DRAIN<br />
PROJECT<br />
ARCHITECT<br />
STRUCTURAL<br />
MECHANICAL<br />
ELECTRICAL<br />
HYDRAULIC<br />
LANDSCAPE<br />
SURVEYORS<br />
10 YEAR LEASE CLIENT TO DRAWING MULTINATIONAL<br />
TITLE<br />
DRAWING STATUS<br />
Rocherlea Master Plan<br />
Rocherlea-LAUNCESTON<br />
The Grange (Launceston) Pty Ltd<br />
Master Plan Parcels<br />
59 Crooked Billet Drive, Brighton<br />
-<br />
SCALE<br />
1:5000 @A1<br />
-<br />
-<br />
JOB<br />
DRAWING<br />
REVISION<br />
-<br />
• - 10 year lease from 17007<br />
April MP-01 2017 with A<br />
2 x 5 year options<br />
• Blue chip tenant, Stramit Corporation Pty Ltd,<br />
in occupancy since 2007<br />
• Extensive hardstand and low site coverage<br />
may suit further development (STCA)<br />
• Located in well established industrial area,<br />
adjacent to the intermodal Brighton Transport Hub<br />
• Land area: 2.25ha*; Warehouse: 4,000sqm*;<br />
office and amenities: 316sqm*<br />
• Attractive depreciation benefits<br />
• Net rent: $445,016 pa*<br />
(*approx)<br />
Ian Reed 0419 670 501<br />
Scott Newton 0409 186 261<br />
View at KnightFrank.com.au/4095644<br />
DATE<br />
4/7/07<br />
DRAWN<br />
RM<br />
DRAFT-For Approval<br />
A1 SHEET<br />
CHECKED<br />
AS INDICATED
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