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Knight Frank - Tasmania

The City Mill, ., 11 Morrison Street Hobart, TAS 7000

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The City Mill, ., 11 Morrison Street,
Hobart, TAS 7000

Offices • Shops & Retail • Development Sites & Land

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Knight Frank - Tasmania

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
03 6220 69...
Knight Frank - Tasmania
The City Mill, ., 11 Morrison Street
Hobart, TAS 7000

Map of The City Mill, ., 11 Morrison Street

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"The City Mill"

  • Landmark Hobart Property
  • In Hobart's Popular Waterfront Precinct
  • Add Value Opportunity
Knight Frank is excited to present to the market one of Australia’s most unique commercial assets.

Situated within Hobart's historic mixed use waterfront precinct, the ‘City Mill' is a collection of bespoke offices sculpted from the original hardwood grain silos.

These boutique offices are complimented by a speakeasy style spirit bar & cafe, plus well known restaurant on the ground floor which spills out into the voluminous and light filled central courtyard providing an amazing common area for tenants and visitors to the property alike.

The property is almost fully leased with a strong and diverse tenant mix with a current Net Income of $383,679 pa + GST (approx), and has a WALE of approximately 2.2 years.

The site has an area of approximately 779 sqm with two significant street frontages and is zoned "Sullivans Cove Mixed Use".

The property provides significant value-add opportunity via rental growth, lease tenure or redevelopment.

The property has a NABERS rating of 5.5 stars.

The property is for sale via Expressions of Interest closing 4 pm, (AEST), Thursday, 30 June 2022.

Property ID: 504084163Last Updated: 31 Aug 2022

Knight Frank - Tasmania
5 Victoria Street
HOBART, TAS 7000
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