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Elders Real Estate - Hobart

Unit 31, 117 Collins Street Hobart, TAS 7000

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Unit 31, 117 Collins Street,
Hobart, TAS 7000

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Elders Real Estate - Hobart
Scott Newton

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
04091862...
Elders Real Estate - Hobart
Unit 31, 117 Collins Street
Hobart, TAS 7000

Map of Unit 31, 117 Collins Street

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Quality office investment on third level of T&G Building

  • Fully let net income: $68,602* pa
  • Occupancy: Leased until '23 and '24
  • Building area: 361 sqm*
We have the exclusive opportunity to offer for sale Unit 31, 117 Collins Street Hobart.

This property is very well located and occupies the third level of the T&G Mutual Life Building which sits in a commanding position on the corner of Collins and Murray Street, Hobart.

Unit 31 is split into two tenancies, the first being leased to the CPSU and the second is leased to Collins Street General Practice. Both tenancies present extremely well and are accessed via the central lift and stairwell.

With leases expiring in 2023 & 2024, future owner occupancy is a possibility while investors should take comfort in the extremely low office vacancy rate in Hobart (<3%).

If you are looking to a low maintenance, high quality, fully leased commercial investment with potential future rental upside then this one is for you.

The property is for sale via expressions of interest closing Thursday 3rd November 2022 at 4pm (AEDT).

Property ID: 504172683Last Updated: 18 Apr 2024

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