City Flour Mills, 8 Brooke Street,
Hobart, TAS 7000
by Expressions of Interest closing 20/5/2021
Key property information
Map of City Flour Mills, 8 Brooke Street
Bus stops within 5 km of City Flour Mills, 8 Brooke Street, Hobart, TAS 7000 Distance Customs/Quest 89 m 99 Macquarie Street 112 m Hydro Building 133 m Franklin Sq Elizabeth St 136 m Stop P, Franklin Square 161 mPOWERED BY HERE ©
Harbourside Investments with a 5.5 year WALE
- Net rent of $154,000 approx
- WALE of 5.5 years approx
- 387sqm total lot areas
The properties are for sale either in one line or separately by Expressions of Interest closing 20/5/2021.
8 Brooke Street, Hobart, is a c1860’s multi-level, heritage building on a 'mixed-use' zoned parcel of land in the in the prime harbourside precinct of Sullivan's Cove/Salamanca.
On offer is a ground floor unit (Lot 1) of 143 sqm (approx) tenanted by one of Hobart’s finest restaurants, Stockmarket. The first floor (Lot 2) is over 244 sqm (approx) and is occupied by Salamanca Psychology.
Lot 1 has a new 6 year term from 1/6/2021 at a net rental of $73,106 (approx) and Lot 2 has 5 years remaining on lease with a net rental of $81,120 (approx).
The building was extensively refurbished approximately 5 years ago, with Lot 2 upgrade works completed 2 years ago.
Inspections strictly by appointment.
Property ID: 503808762Last Updated: 4 May 2021
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