Share this property

Knight Frank - Tasmania
Directions

144 Macquarie Street Hobart, TAS 7000

Directions

For Sale

144 Macquarie Street Hobart, TAS 7000

Offices
Sale Price

For Sale for $15,000,000

Floor area

5684.0m²

Property extent

Whole

Tenure type

Tenanted Investment

NABERS

4.0

Exceptional Value Add Opportunity

Strategically located, sustainable A grade office building with fantastic views and natural light. Substantial capital upgrades have been completed to the base building lighting, lifts and mechanical plant. The sale price point represents an attractive value proposition in a competitive sales market.

- Energy efficient with NABERS rating of 4 stars

- 5,684 sqm (approx) lettable area with 19 car spaces

- 929 sqm (approx) site area with flexible zoning

- Approximate net income of $1.43 million per annum reflects an initial yield of 9.5% and a 12% yield fully leased

- Opportunity to add significant value through leasing or future asset conversion

- High quality State Government lease covenant with lease renewal options

For sale in conjunction with Edwards Windsor.

Additional information

Documents

Property ID: 503006350Last Updated: 11 Dec 2018

Knight Frank - Tasmania
144 Macquarie Street
Hobart, TAS 7000
Richard Steedman
Scott Newton

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000

Agency contacts

Knight Frank - Tasmania

View Profile

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
Edwards Windsor - Hobart

View Profile

Edwards Windsor - Hobart

Level 2, 89 Brisbane Street
HOBART, TAS 7000
progress tick

Sending email...

Email enquiry

Richard Steedman

Send to:

Richard Steedman
Knight Frank - Tasmania
144 Macquarie Street Hobart, TAS 7000

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

Kind Regards,

Select agent to call