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56-58 Burnett Street
North Hobart TAS 7000
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Sold on 24 Jul 2023

56-58 Burnett Street North Hobart TAS 7000

  • Factory, Warehouse & Industrial
  • 860 m²
  • Sold

Bluechip Fringe CBD Asset with Upside

  • CBD Fringe Asset on Main Arterial Road
  • 821 sqm Net Lettable Area
  • Neighbouring Res/Hotel Development

821 sqm net lettable area
CBD fringe commercial asset on Main Arterial Road
Neighbouring residential/hotel development precedent
Approx 18m street frontage

Occupying a 597sqm allotment on an arterial road connecting Hobart's city to the
Brooker Highway, 56 - 58 Burnett Street, North Hobart offers a rare opportunity to secure
a significant freehold commercial asset on the fringe of the CBD.

Previously returning $157,635 p/a (net) across four separate tenancies with considerable upside in rent, the site has a total net lettable area (NLA) of 821m2. The site has two showroom tenancies with street frontage to Burnett Street. One office tenancy occupying the whole first floor and the rear garage tenancy currently utilised as storage. This space could also be utilised as a trade tenancy or parking with the added benefit of a DDA compliant bathroom.

The site is footsteps from the recent 66 Burnett Street residential/hotel development positioning the asset within a thriving, high-traffic area of Hobart.

The scarce availability of commercial space within the North Hobart precinct positions 56 - 58 Burnett Street as a secure long term investment or home for your business.

Contact Wolf Property for more information.

Wolf Property Hobart
Wolf Property Hobart
210 Elizabeth Street
Hobart, TAS 7000

Property Highlights

Date Sold24 Jul 2023
Floor Area860 m²
Land Area597 m²
ParkingAsk Agent
Property ID2018550617
Category
Last updated  13 Sep 2023
Map for 56-58 Burnett Street North Hobart TAS 7000
Wolf Property Hobart
Wolf Property Hobart
210 Elizabeth Street
Hobart, TAS 7000

Property Highlights

Date Sold24 Jul 2023
Floor Area860 m²
Land Area597 m²
ParkingAsk Agent
Property ID2018550617
Category
Last updated  13 Sep 2023

Co-Agents

Cam Rogers
Wolf Property Hobart
Call
0475 002 814

More about 56-58 Burnett Street North Hobart TAS 7000

56-58 Burnett Street North Hobart TAS 7000 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 860 m² and a land area of 597 m². The listing ID for this property is 2018550617.

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