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Elders Real Estate - Hobart

81 Salamanca Place Battery Point, TAS 7004

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81 Salamanca Place,
Battery Point, TAS 7004

Offices • Shops & Retail

Key property information

Floor area

Car spaces

Zoning

Tenure type

Sold on

Elders Real Estate - Hobart
Scott Newton
George Burbury

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
Elders Real Estate - Hobart
81 Salamanca Place
Battery Point, TAS 7004

Map of 81 Salamanca Place

Directions

Fully leased freehold investment in renowned Salamanca precinct

  • Fully leased freehold
  • NLA of 725 sqm*
  • Opportunity for rental growth
We have the exclusive opportunity to offer for sale this stunning freehold property situated in one of Tasmania’s most tightly held precincts, Salamanca.

Key highlights of the property include;

• Fully leased freehold investment in Tasmania’s most affluent suburb, Battery Point
• Diversified investment with five separate tenants, with an opportunity for rental growth in the short to medium term
• Modern office fitouts on level 1 and 2, and the opportunity to reconfigure the ground floor layout at lease expiries if a single retail tenant is preferred**
• Considerable Georgian Sandstone freehold building in excellent condition, with NLA of 725 sqm*
• Sizeable land area of 370 sqm* with the opportunity to provide rear access to the building via Kelly Street**
• Two (2) on-site car spaces
• Superbly located in the world-renowned Salamanca waterfront precinct, boasting over 1m* visitors per year
• Potential for a residential conversion on the upper floors**
• Estimated passing Net Income of $207,052* plus GST (before owner outgoings)

For Sale by Expression of Interest, closing Thursday, 30 November 2023 at 4pm (AEDT)

*Approximate
** STCA

Battery Point, 7004 demographic data

The median household income for Battery Point is $1,891, 23% higher than Greater Hobart's household income of $1,542. Battery Point has an older age profile compared to the rest of Greater Hobart (median age 43 vs 39). Property ownership data shows 24% of property owners in Battery Point have a mortgage.

2,096
Population
$1,891 per week
Median household income
43 years
Median age
Owners
Most residents
Families
Most households

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