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CBRE - VIC

Officeworks Hobart 105-109 Campbell Street Hobart, TAS 7000

Officeworks Hobart 105-109 Campbell Street,
Hobart, TAS 7000

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CBRE - VIC

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
03 9613 04...
CBRE - VIC
Officeworks Hobart 105-109 Campbell Street
Hobart, TAS 7000

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FREESTANDING CBD OFFICEWORKS INVESTMENT - NEW 5 YEAR LEASE WITH FIXED 4% ANNUAL INCREASES

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OVERVIEW

+ A dominant 2,785sqm* freestanding Officeworks (Subsidiary of Wesfarmers) investment prominently positioned in the Hobart CBD

+ Recently renewed 5 year net lease expiring 2023, with fixed annual increases of 4%

+ Convenient 49 car spaces* on title including basement car park

+ Highly exposed triple street frontage Central Commercial Zone land holding of 3,236sqm* in the Hobart CBD

+ Net annual income of $725,000 per annum* (as at October 2018)

*Approx.

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
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

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