11 Franklin Wharf Hobart TAS 7000

A generational trophy asset in the heart of Hobart's Sullivans Cove precinct, 11 Franklin Wharf is a standalone freehold investment offering unrivalled exposure. Occupied by Post Street Social and The Observatory, two of Tasmania's most renowned hospitality venues, this landmark property sits in a high-foot-traffic location opposite the MONA Ferry Terminal, with views towards the River Derwent and surrounding waterfront buildings.

Benefiting from over $3.1m* in recent refurbishments, this premium asset offers exceptional flexibility for investors and future owner-occupiers alike. With dual frontages to Franklin Wharf and Morrison Street, it presents a rare opportunity to secure a high-profile commercial holding in one of Australia's most sought-after locations.

Key Investment Highlights:
Unrivalled Sullivans Cove Location Directly opposite the MONA Ferry Terminal, ensuring year-round high foot traffic.
Standalone Freehold Asset No adjoining structures, offering complete long-term flexibility.
Significant Past Capital Investment Over $3.1m* in recent refurbishments, including premium hospitality fit-outs, lighting, and sound systems.
Future Owner-Occupier Potential Proposed lease structure allows for future hospitality, mixed-use or commercial occupation**
Flexible Repositioning Potential Opportunity to convert into a boutique hotel, luxury office, or premium mixed-use asset.**
Secure Income Stream Fully leased to two established hospitality operators, providing a net passing income of $777,952* plus GST p.a.***

11 Franklin Wharf represents a truly generational investment opportunity.

The property is For Sale by Expressions of Interest closing 1 May 2025 at 4pm (AEST).

For more information or to arrange an inspection, contact George Burbury or Scott Newton.

**STCA
*Approximate
*** Before owner outgoings