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Address available on request Hobart, TAS 7000

Address available on request,
Hobart, TAS 7000

Offices • Shops & Retail

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Office Investment – Net Rent: Two Storey Office Building, with Car Parking

It is with pleasure Edwards Windsor offer for sale 242 Liverpool Street, subject to a five year lease to Tote Tasmania, commencing 1 March 2010, at a current net rent of $329,336 per annum

The entire property is leased by Tote Tasmania, a Government Business Enterprise, wholly owned by the State Government of Tasmania.

The premises provide a well maintained office building, located on a prominent corner location opposite a number of new developments within the Hobart CBD.

The property features:

· Prominent CBD corner location, within Tasmania’s Capital City
· Single tenanted building leased to a State Government owned enterprise
· Freestanding, well maintained office building
· Natural light from all frontages
· Excellent on site, secure parking
· Single tenant, minimum management
· Net income, with lessee paying all outgoings
· Fixed 4% rental adjustments
· Readily sub dividable building layout

The combination of the security of a five year lease to a State Government owned business enterprise, prominent corner location and net income are the primary reasons we strongly recommend your consideration of this excellent investment.

242 Liverpool Street is offered for sale, subject to the existing lease, by Formal Expressions of Interest, closing 3.00pm, on Thursday 17th March 2011, at the office of Edwards Windsor, Level 2, 89 Brisbane Street, Hobart.

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
03 6234 55...
realcommercial.com.au logo
Address available on request
Hobart, TAS 7000
Edwards Windsor - Hobart
Level 2, 89 Brisbane Street
HOBART, TAS 7000

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