Knight Frank are excited to offer for sale, this recently refurbished, multi-dwelling asset, providing fantastic scope to either utilise for residential or commercial use^.
The properties are being sold with vacant possession, allowing for an astute purchaser to partially owner occupy and invest, Invest or further develop (STCA), capitalising on Hobarts low vacancy rate in the residential and office markets.
59-63 Queen Street is situated in the blue chip, residential suburb of Sandy Bay, adjoining the main commercial and hospitality precinct, with retailers, supermarkets, pubs and various high-quality eateries, providing convenience right on your door step.
The property sits on a substantial 858sqm* site, with the buildings varying in size and amenity, however they all provided a versatile floor plan, with multiple partition rooms, newly renovated kitchens and bathrooms, all benefited by off-street parking.
This opportunity truly allows you to create a diversified mixed use asset, with multiple potential income streams all within Hobarts most premium residential suburb.
For Sale by offers around $1.8 million.
*Approximate
^STCA
