Elders Commercial and JLL present to the market an exceptional development or occupier opportunity at 58 Harrington Street & 59 Davey Street, Hobart.
The properties occupy a prominent 1,322 sqm* corner position in the heart of Hobart's CBD, opposite St David's Park and are a mere 150* metres from the world renowned Salamanca Place, with view lines from any redevelopment through the park towards the River Derwent.
The property comprises a 3-level brick freehold building plus rear parking accessed via Harrington Street. The ground floor of the main building has been stripped out to a cold shell, and levels one and two and are untouched and remain as accommodation rooms. The property also features a small unoccupied cottage fronting Davey Street.
The offering benefits from its flexible "Central Business" zoning, allowing for an array of development outcomes such as residential, office, hotel, or conversion to an alternative use such as office**.
Harrington & Davey provides an outstanding opportunity for developers, investors, and owner occupiers to acquire this unique offering in the heart of Hobart CBD.
For Sale by Expressions of Interest closing 13 June 2024 at 5pm (AEST).
*approximately
** STCA