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37-43 Federal Street
North Hobart TAS 7000
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37-43 Federal Street North Hobart TAS 7000

  • Factory, Warehouse & Industrial
  • 1,368 m²
  • For Sale, Contact Agent

Excellent long-term investment with ASX listed national tenant

  • Strong lease covenant to National Tenant
  • Future Development potential (STCA)
  • Fringe CBD industrial asset

Knight Frank has the exclusive opportunity to offer to the market for sale 37 43 Federal Street, North Hobart.

The property is currently occupied by Micra Accident Repair Centre Pty Ltd, who have a lease expiry of November 2027 (plus options to 2037) and pay a net annual rent of $194,870* plus all statutory outgoings and building insurance. The site is extremely well utilised by Micra who carry out their operations across the three warehouses plus office space, with the site complimented by approximately 40 car spaces. 

Micra is owned by The AMA Group who are listed on the ASX and are the leader in the Australian and New Zealand collision repair industry and associated auto parts market.

The property provides investors secure income for many years while the fringe CBD industrial area begs for a future rezoning where further development is a possibility on the 2,183 sqm site (STCA).

37-43 Federal Street, North Hobart is for sale by offer.

Property Highlights

Floor Area1,368 m²
Land Area2,183 m²
Parking40 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018311655
Category
 Factory, Warehouse & Industrial
 Development / Land
Last updated  17 Apr 2024
Map for 37-43 Federal Street North Hobart TAS 7000

Property Highlights

Floor Area1,368 m²
Land Area2,183 m²
Parking40 x Onsite parkings
Annual ReturnAsk Agent
AvailabilityTenanted
Property ID2018311655
Category
 Factory, Warehouse & Industrial
 Development / Land
Last updated  17 Apr 2024

Co-Agents

Claude Alcorso
Claude Alcorso
Elders Real Estate Hobart
Call
0417 586 756
Tom Balcombe
Tom Balcombe
Elders Real Estate Hobart
Call
0417 979 194

Enquire about this property

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          More Factory, Warehouse & Industrial for Sale in North Hobart TAS

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          37-43 federal street,north hobart, TAS 7000
          1,368 m²
          Factory, Warehouse & Industrial
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          223 harrington street,hobart, TAS 7000
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          Property FAQs

          The agent has not listed a sale price for 37-43 Federal Street North Hobart TAS 7000. Contact the agent for a price guide.
          The floor area for 37-43 Federal Street North Hobart TAS 7000 is 1,368 m².
          The land area of 37-43 Federal Street North Hobart TAS 7000 is 2,183 m².
          Yes, there are 40 on-site parking spaces available at 37-43 Federal Street North Hobart TAS 7000.
          37-43 Federal Street North Hobart TAS 7000 is currently tenanted.
          The property highlights for 37-43 Federal Street North Hobart TAS 7000 are 'Strong lease covenant to National Tenant', 'Future Development potential (STCA)' and 'Fringe CBD industrial asset'.
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