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Devine Property - HOBART

44-48 Elizabeth Street Hobart, TAS 7000

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44-48 Elizabeth Street,
Hobart, TAS 7000

Shop & Retail

Price information

Sold

$7,000,000

Key property information

Floor area

Tenure type

Sold on

Devine Property - HOBART
Mark Devine

Devine Property - HOBART

119 Harrington St
HOBART, TAS 7000
0438 133 9...
Devine Property - HOBART
44-48 Elizabeth Street
Hobart, TAS 7000

Map of 44-48 Elizabeth Street

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PRIME HOBART STRIP RETAIL BLUE CHIP INCOME AND DEVELOPMENT

This property, which occupies a dominant Hobart Elizabeth Mall frontage, provides a secure investment as well as longer term development opportunity. Offering three levels (partly underutilised), the property benefits from a very strong and secure income of which 70% is provided by blue chip tenant Telstra. The site of 685m² in addition to frontage of almost 21 meters to the mall benefits from ROW access off Collins Street.

- Total building area 1,457m² approximately
- Three tenancies
- Current net income $541,601.00 pa approximately with indexed growth

Property Being Sold by Expressions of Interest. Being sold in conjunction with 42 Elizabeth Mall

Property ID: 503176202Last Updated: 11 Sep 2020

Devine Property - HOBART
119 Harrington St
HOBART, TAS 7000
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