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Knight Frank - Tasmania
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Tilford Auto Group, 35-53 Brisbane Street Hobart, TAS 7000

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For Sale - Expression of Interest

Tilford Auto Group, 35-53 Brisbane Street Hobart, TAS 7000

Shop & Retail • Showrooms & Bulky Goods
Sale Price

For Sale by Expressions of Interest

Floor area

7651.0m²

Zoning

Commerical

Tenure type

Tenanted Investment

10 + 10 Year Lease back to Tilford Auto Group

  • 10 year lease from May 2019
  • Net rent of $993,543
  • Lettable area 7,651 sqm (approx) gross
Knight Frank Tasmania is proud to present to the market 35-53 Brisbane Street, Hobart complete with 10+10 year lease back to generational automotive retailer Tilford Auto Group.

The property occupies an outstanding corner location with two frontages on the western fringe of Hobart’s growing CBD and offers approximately 9,395 sqm of land area. Tilford Auto Group is a major business with Ford, Honda, Jaguar, Skoda & Land rover quality retail showrooms as well as a large service centre all on the one site. The current net rental of $993,543 per annum makes this not only an attractive immediate investment but a strategic long term landbank opportunity of a key site located a stones throw from the CBD.

Tasmania is currently Australia’s fastest growing economy, #1 state for house price, economic and wage growth and with auto sales up 10% compared to decade averages. (Source ABS and Comm Sec). Has there been a better time to secure a significant investment opportunity such as this?

Property ID: 503147338Last Updated: 16 May 2019

Knight Frank - Tasmania
Tilford Auto Group, 35-53 Brisbane Street
Hobart, TAS 7000
Scott Newton
Matthew Wright

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000

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Knight Frank - Tasmania

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Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
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Scott Newton

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Scott Newton
Knight Frank - Tasmania
Tilford Auto Group, 35-53 Brisbane 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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