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Knight Frank - Tasmania

City Flour Mills, 8 Brooke Street Hobart, TAS 7000

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City Flour Mills, 8 Brooke Street,
Hobart, TAS 7000

Offices • Shop & Retail • Hotel & Leisure

Price information

Sale - Expression of Interest

by Expressions of Interest closing 20/5/2021

Key property information

Floor area

Zoning

Tenure type

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Private inspections

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Knight Frank - Tasmania
City Flour Mills, 8 Brooke Street
Hobart, TAS 7000
Knight Frank - Tasmania

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000

Map of City Flour Mills, 8 Brooke Street

Directions
  • Bus stops within 5 km of City Flour Mills, 8 Brooke Street, Hobart, TAS 7000Distance
    Customs/Quest89 m
    99 Macquarie Street112 m
    Hydro Building133 m
    Franklin Sq Elizabeth St136 m
    Stop P, Franklin Square161 m
    POWERED BY HERE ©
POWERED 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
Knight Frank has the exclusive opportunity to offer for sale two freehold strata lots in the ‘City Flour Mills’ building at 8 Brooke Street, Hobart.

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

Agency contacts

Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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Ian Reed

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Ian Reed
Knight Frank - Tasmania
City Flour Mills, 8 Brooke Street Hobart, TAS 7000

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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