Macquarie Soul, 71 Macquarie Street,
Hobart, TAS 7000
$140,000 + SAV
Key property information
Map of Macquarie Soul, 71 Macquarie Street
Bus stops within 5 km of Macquarie Soul, 71 Macquarie Street, Hobart, TAS 7000 Distance Campbell St Near Macquarie St 86 m Hotel Collins 89 m Stop 1, Macquarie Street 100 m Argyle St, Opp Tmag 101 m Grand Chancellor 109 mPOWERED BY HERE ©
Successful licensed CBD cafe with opportunity for further growth.
- Opportunity for further growth
- Option to purchase premises
- Commercial kitchen & coolroom
Macquarie Soul is located opposite the Tasmanian Museum & Art Gallery, and next door to a 9-floor office block. Nearby are two large hotels, serviced apartments and Airbnb properties. The location provides great exposure to nearby office workers, and tourists walking from their accommodation into the CBD. Macquarie Street is one of the two busiest roads in Hobart with average daily car traffic of 28,500. With four 15-minute car spots outside the cafe, speed of service is a competitive advantage providing a regular source of sales for takeaway coffee.
The premises are leased on a 5-year term with the option for a further 5-year term. The tenant also has the first right to purchase the premises if your long-term goal is to own your café's premises.
The business is experiencing strong annual growth in revenue and profit, with plenty of scope for additional growth as it currently only trades Monday-Friday 7.00-3.00.
Property ID: 504455560Last Updated: 2 Nov 2023