Elders Commercial are proud to offer for sale, on an exclusive basis, an A-Grade, 100% occupied, Hobart CBD mixed-use building.
This fully leased, multi-tenanted property is strategically located in Hobart's main retail core, on the southern side of highly prized Collins Street. The property is surrounded by an array of International and national retailers including H&M, JB HI-FI, Flight Centre, Cable, Bailey Nelson and is adjacent to one of the entrances to the coveted Cat and Fiddle arcade.
The property provides three levels of high quality accommodation and is 100% leased to four individual tenants, with a passing net income of $364,150*, with 94% of total building outgoings recoverable. The property provides flexible lease profiles, suitable for potential owner occupiers and investors to capitalise on the tightly held Hobart CBD retail and Office market.
With Hobart's office vacancy the lowest in the country, there has never been a better time to secure a quality commercial asset in this thriving city.