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Elders Real Estate - Hobart

Nandos, 345 Elizabeth Street North Hobart, TAS 7000

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Nandos, 345 Elizabeth Street,
North Hobart, TAS 7000

Shops & Retail • Offices

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Elders Real Estate - Hobart

Elders Real Estate - Hobart

5 Victoria Street
HOBART, TAS 7000
Elders Real Estate - Hobart
Nandos, 345 Elizabeth Street
North Hobart, TAS 7000

Map of Nandos, 345 Elizabeth Street

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Secure 10 Year Net Lease

  • Prime 776 sqm corner art deco building
  • Recent major $600,000 tenant upgrade
  • Fixed 3% annual rent increases
Trophy, art deco freehold investment.
Secure 10 year lease with 3% annual increases.
Hobart/TAS: Australia’s fastest growing economy.
Nando’s: global giant with over 1,000 restaurants across 35 countries.
High profile 776 sqm corner building boasting excellent 40 metre frontage.
Brand new $600,000 tenant fit-out to Nando’s latest corporate standard.
Supported by complementary food and beverage operators as well as the State Cinema, NAB, Commonwealth Bank, Subway and Australia Post.
Elizabeth Street: key entertainment and dining precinct less than 2km from CBD with Hobart’s most intensive concentration of restaurants.
Diversified investment with secure, supplementary income from two fully-leased first floor apartments, providing direct access to Australia’s #1 residential market with 8.78% annual unit price growth.
Net Rent: $183,108 pa

Auction 11am AEDT Wednesday 3 April 2019
River Room, Crown Casino, Melbourne

North Hobart, 7000 demographic data

The median household income for North Hobart is $1,823, 18% higher than Greater Hobart's household income of $1,542. North Hobart has a younger age profile compared to the rest of Greater Hobart (median age 35 vs 39). Property ownership data shows 49% of property owners in North Hobart have a mortgage.

2,600
Population
$1,823 per week
Median household income
35 years
Median age
Renters
Most residents
Families
Most households
Elders Real Estate - Hobart
5 Victoria Street
HOBART, TAS 7000
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