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Burgess Rawson - Melbourne
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195 Macquarie Street Hobart, TAS 7000

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For Sale - Auction Wed 3 Apr

195 Macquarie Street Hobart, TAS 7000

Shop & Retail • Development Sites & Land • Showrooms & Bulky Goods
Sale Price

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Land area

0.78ha (1.92 acres)

Floor area

8515.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Auction

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ASX-Listed Auto Dealership Freehold Investment

  • Key 7,753sqm site, 3 street frontages
  • Central CBD, nearby to major landmarks
  • Extremely rare landbank opportunity

Auction Wednesday 3 April 2019 @ 11am

River Room, Crown Casino, Melbourne

Tenant: Motors Tas Pty Ltd, wholly owned subsidiary of A.P. Eagers Limited, ASX-listed tenant with over 145 dealerships and 2018 sales of $4.1 billion

Lease Term: Ten (10) years

Lease Expiry: 31 March 2026

Options: 3 x Five (5) year terms extending to 31 March 2041

Outgoings: Payable by tenant as per the lease

Net Rents: All estimated as at 1 April 2019 based on latest available Hobart CPI figures

Rare opportunity to purchase entire CBD block boasting 3 street frontages including Hobart’s Macquarie Street

Major operation including modern high quality retail showrooms (Holden & Hyundai) plus parts and service

Adjacent to key Hobart CBD sites including the new $70m Ibis Hotel, BMW Hobart, Tax Office, Village Cinema and Hobart's largest office building 188 Collins

Superb long standing tenant with future development potential in the heart of Hobart’s CBD

Hobart: capital city of Tasmania boasting growing tourism, education, commercial enterprise and Australia’s best performing residential market

Property ID: 503125726Last Updated: 18 Mar 2019

Burgess Rawson - Melbourne
195 Macquarie Street
Hobart, TAS 7000
Billy Holderhead

Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000

Agency contacts

Burgess Rawson - Melbourne

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Burgess Rawson - Melbourne

Level 7,140 Bourke Street
MELBOURNE, VIC 3000
Knight Frank - Launceston

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Knight Frank - Launceston

54 Cameron Street
LAUNCESTON, TAS 7250
Knight Frank - Tasmania

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Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
Burgess Rawson - Sydney

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Burgess Rawson - Sydney

Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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Billy Holderhead

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Billy Holderhead
Burgess Rawson - Melbourne
195 Macquarie 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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