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Knight Frank - Tasmania

310 Elizabeth Street North Hobart, TAS 7000

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310 Elizabeth Street,
North Hobart, TAS 7000

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Knight Frank - Tasmania
George Burbury
Claude Alcorso

Knight Frank - Tasmania

5 Victoria Street
HOBART, TAS 7000
Knight Frank - Tasmania
310 Elizabeth Street
North Hobart, TAS 7000

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North Hobart Hospitality Investment

  • Dominant two-storey building
  • Income of $70,992, with scope for growth
  • High profile corner on edge of NoHo
We present for sale 310 Elizabeth Street, North Hobart, a fully licensed hospitality asset, situated in bustling Elizabeth Street, and only a stones throw from North Hobart’s vibrant restaurant and commercial precinct.

The building is a beautifully presented, circa 1890’s two-storey building situated on a prominent 304 sqm* corner site, and is currently occupied by popular Italian restaurant ‘Amici’. North Hobart is solidified as one of Hobart’s preferred inner-city locales and home to many of Hobart’s finest eateries, retail and cultural offerings.

The property is securely leased until May 2024 with 3 x 5 year options, a passing net rent before owner outgoings of $70,992* per annum, and the benefit of a market rent review at the beginning of each option.

310 Elizabeth Street provides the opportunity to secure a first class hospitality asset in an excellent North Hobart position, with the potential for future rental growth or building extension**.

For Sale by Expressions of Interest closing 28 September 2023 at 4 pm AEST

*Approximate
** STCA

Property ID: 504411892Last Updated: 17 Apr 2024

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