Capral Aluminium, 116 Grove Road, Glenorchy, Tas 7010

CBRE & Elders Tasmania are pleased to offer to the market ASX listed Capral Aluminium, located at 116 Grove Road, Glenorchy (Hobart) TAS for sale via our Investment Portfolio Auction 189.   

This opportunity has the following key investment highlights:

+ Leased to ASX-listed Capral Limited to November 2028, with two (2) further three (3) year options through to 2034
+ Capral Aluminium: (ASX:CAA) Australia’s largest extruder and distributor of aluminium products, est. 1936 and operating a network of distribution centres and Aluminium Trade Centres across Australia (1)
+ Attractive net lease structure with the tenant pays all statutory charges including single holding land tax and building insurance
+ Compounding fixed 3% annual rent increases ensuring strong rental growth.   
+ Expansive 2,729sqm* freehold corner site with 1,195sqm* of high clearance warehouse and office, with direct access to the Brooker Highway (50,000* daily passing vehicles). (2)
+ Located within the prime shopping precinct of Glenorchy nearby to the Northgate Shopping Centre anchored by Coles, Woolworths and 70 speciality retail stores.
+ Glenorchy: One of Greater Hobart’s key commercial and industrial hubs, surrounded by Bunnings, National Storage, Hungry Jack’s and other national businesses.
+ City of Glenorchy: Largest Hobart LGA with a population of over 50,450 people and a Gross Regional Product (GRP) of $3.929 billion (3)
+ Single Tenant Minimal management investment
+ Estimated Net Income: $189,074 pa* + GST

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 9 December 2026
River Room, Crown Casino, Melbourne VIC

*Approx
(1) Capral Aluminium
(2) GapMaps
(3) Remplan