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K&D, Ground, 103 Melville Street Hobart, TAS 7000

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K&D, Ground, 103 Melville Street Hobart, TAS 7000

Showrooms & Bulky Goods • Development Sites & Land
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Land area

1.12ha (2.76 acres)

Floor area

6374.0m²

Car spaces

120

Parking info

120

Zoning

Commerical

Tenure type

Tenanted Investment

Sold on

08 Apr 2019

Hobart's strategic mega site

Northern CBD

Knight Frank has the privilege to present what will be the largest and most significant CBD development site available to the market for the foreseeable future. Situated on the Northern edge of the CBD only 750 metres from the GPO, this site represents an opportunity on a scale that is truly unique. Making the acquisition even more compelling is the leaseback providing a holding income while planning and development approvals are sought. Hobart is currently experiencing it’s strongest levels of population growth in a decade, with the resulting demand for residential accommodation pushing Hobart into Nation leading capital growth. Tourism continues to strengthen with a 15% increase in international visitors in the last 12 months leading to pressure on tourist accommodation. With the eyes of the world on Hobart has there been better time to secure such a significant, key CBD site?

Property ID: 503101734Last Updated: 21 May 2019

K&D, Ground, 103 Melville Street
Hobart, TAS 7000

Agency contacts

Knight Frank - Tasmania

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Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
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Scott Newton
Knight Frank - Tasmania
K&D, Ground, 103 Melville 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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