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PRIME HOBART STRIP RETAIL BLUE CHIP INCOME AND DEVELOPMENT

44-48 Elizabeth Street, HOBART TAS, 7000

Sold

Property Sold in 44-48 Elizabeth Street, HOBART TAS, 7000

Devine Property

119 Harrington Street, Hobart, TAS 7000

Listing ID:
11344354
Status:
Sold
Price:
Expressions of Interest
Last Updated:
13/11/2019
Icon building

Property Type

Retail
Icon square

Land Area

0 SQM
Icon size

Floor Area

1457 SQM
Icon parking

Parking

N/A

PRIME HOBART STRIP RETAIL BLUE CHIP INCOME AND DEVELOPMENT

This property, which occupies a dominant Hobart Elizabeth Mall frontage, provides a secure investment as well as longer term development opportunity. Offering three levels (partly underutilised), the property benefits from a very strong and secure income of which 70% is provided by blue chip tenant Telstra. The site of 685m² in addition to frontage of almost 21 meters to the mall benefits from ROW access off Collins Street.

- Total building area 1,457m² approximately
- Three tenancies
- Current net income $541,601.00 pa approximately with indexed growth

Property Being Sold by Expressions of Interest. Being sold in conjunction with 42 Elizabeth Mall

For more details, please email agent

Devine Property

119 Harrington Street, Hobart, TAS 7000


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