102 Collins Street,
Hobart, TAS 7000

Shops & Retail • Medical & Consulting

Key property information

Floor area

Tenure type

Sold on

Map of 102 Collins Street

Directions

SOLD Rarely Available CBD Freehold

Freehold opportunities of this nature are rarely available and offer a unique opportunity to invest in Hobart's core CBD. This ornate character property built circa 1900 is positioned with prime frontage on Collins Street's retail strip and is close by to Elizabeth Mall, Cat & Fiddle Arcade and the Trafalgar Centre. The ground level of 56m2 approximately is currently vacant with an existing medical use, however is ripe for conversion to retail. The first floor of 52m2 is leased monthly to a chiropractor offering an immediate cash flow, or the premises can be offered on a vacant possession basis. This is an attractive asset that in the right hands will reach its potential.

Hobart, 7000 demographic data

The median household income for Hobart is $1,464, 5% lower than Greater Hobart's household income of $1,542. Hobart has a younger age profile compared to the rest of Greater Hobart (median age 31 vs 39). Property ownership data shows 38% of property owners in Hobart have a mortgage.

3,390

Population

$1,464 per week

Median household income

31 years

Median age

Renters

Most residents

Families

Most households